The cost of tuition at Cabarrus College of Health Sciences rose by 8.3% for the 2022-23 school year, according to recently published figures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $15,560 this year, an increase of $1,190 from the $14,370 tuition charged during the 2021-22 academic year.
Approximately 94% of the undergraduate student body at the college are residents of North Carolina, while around 6% come from other states.
Data indicates that all full-time undergraduates who began their studies at Cabarrus College of Health Sciences in the 2022-23 year received some form of student financial aid. Specifically, seven students were awarded grants or scholarships totaling $67,433, and nine students obtained student loans amounting to over $75,794.
Across the entire undergraduate population, 283 students benefited from grants or scholarships totaling $1.6 million. Additionally, 393 students borrowed $3 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 0 | 33% | $0 | $0 |
| State / local grant or scholarship | 5 | 56% | $28,920 | $5,784 |
| Institutional grants or scholarships | 7 | 78% | $14,606 | $2,087 |
| Grant or scholarship aid total | 7 | 78% | $67,433 | $9,633 |
| Federal student loans | 9 | 100% | $48,128 | $5,348 |
| Other student loans | 0 | 33% | $0 | $0 |
| Student loan aid | 9 | 100% | $75,794 | $8,422 |
| Total student aid | 9 | 100% | $143,227 | $15,914 |
