Cost of attending Niagara University increased for all students during 2022-23 school year

Rev. James J. Maher C.M., President - Niagara University
Rev. James J. Maher C.M., President - Niagara University
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Tuition at Niagara University rose by 3.3% for the 2022-23 school year, as revealed in the latest institutional report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit university paid $37,180 this year, an increase of $1,200 from the $35,980 tuition charged during the 2021-22 academic year.

Approximately 81% of the undergraduate student body are residents of New York. Students from other states make up about 10%, while international students account for 6%.

Data indicates that all full-time undergraduates who began studies at Niagara University in 2022-23 received some form of financial aid. A total of 545 students were awarded grants or scholarships amounting to $17.3 million, and 397 students obtained student loans exceeding $3.7 million.

Across the entire undergraduate population, 2,315 students received grants or scholarships totaling $63.3 million. Additionally, 1,554 students borrowed $10.8 million in federal student loans.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Niagara University in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 176 32% $1 million $5,811
State / local grant or scholarship 211 39% $664,034 $3,147
Institutional grants or scholarships 545 100% $15.6 million $28,587
Grant or scholarship aid total 545 100% $17.3 million $31,682
Federal student loans 383 70% $2.1 million $5,578
Other student loans 116 21% $1.6 million $13,430
Student loan aid 397 73% $3.7 million $9,305
Total student aid 545 100% $21 million $38,459

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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