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Friday, November 15, 2024

Cost of college went up for all students at Raritan Valley Community College

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In-state tuition and fees rose 5.9 percent for 2018-19 at Raritan Valley Community College, according to recent data from the U.S. Department of Education.

New Jersey residents paid $5,692 to attend the two-year public institution this year – $316 more than the $5,376 charged for 2017-18.

Non-residents paid the same amount as residents this year, or $5,692. Their price tag grew 5.9 percent from $5,376 in 2017-18.

About 99 percent of the school's undergraduate population are New Jersey residents. And about 1 percent are residents of other states.

Data shows 53 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 575 students received grants or scholarships totaling $2.9 million and 159 students took out student loans totaling more than $735,710.

Including all undergraduates (7,887), 2,359 students used grants or scholarships totaling $9.6 million, and 668 students took out $3.1 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~7,808$4,768$5,064$5,376$5,69219.4%
Out-of-state~79$4,768$5,064$5,376$5,69219.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Raritan Valley Community College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants51840%$2,389,182$4,612
State / local grant or scholarship21417%$473,321$2,212
Institutional grants or scholarships675%$75,370$1,125
Grant or scholarship aid total57545%$2,937,873$5,109
Federal student loans15612%$718,295$4,604
Other student loans40%$17,415$4,354
Student loan aid15912%$735,710$4,627
Total student aid68753%--

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