Vassar College reported a 3.1% tuition increase for the 2022-23 school year, based on its most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, four-year nonprofit institution paid $64,800 this year, which is $1,930 higher than the $62,870 charged during the 2021-22 academic year.
Approximately 24% of the undergraduate student body are residents of New York. Students from other states make up about 69%, while international students represent 6% of the population.
Data indicates that 68% of full-time undergraduates who began studies at Vassar College in 2022-23 received some form of student financial aid. A total of 392 students were awarded grants or scholarships amounting to $21.1 million, and 308 students borrowed over $1.4 million in student loans.
Across the entire undergraduate enrollment, 1,499 students obtained grants or scholarships totaling $72.5 million. Additionally, 1,047 students secured $4.2 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.
The following data includes only full-time students who began an undergraduate program at the Vassar College 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 | 152 | 22% | $891,131 | $5,863 |
| State / local grant or scholarship | 74 | 11% | $235,707 | $3,185 |
| Institutional grants or scholarships | 386 | 57% | $20 million | $51,757 |
| Grant or scholarship aid total | 392 | 58% | $21.1 million | $53,840 |
| Federal student loans | 303 | 45% | $814,122 | $2,687 |
| Other student loans | 23 | 3% | $573,999 | $24,956 |
| Student loan aid | 308 | 45% | $1.4 million | $4,507 |
| Total student aid | 463 | 68% | $22.5 million | $48,581 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
