Cost of college increased for all Community College of Rhode Island students in 2022-23 school year

Meghan Hughes, President, Community College of Rhode Island - Community College of Rhode Island
Meghan Hughes, President, Community College of Rhode Island - Community College of Rhode Island
0Comments

The Community College of Rhode Island reported a 2.2% rise in in-state tuition fees for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Rhode Island residents paid $5,090 to attend the two-year public college this year, reflecting an increase of $110 from the $4,980 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 166.2% higher than those for residents in 2022-23, amounting to $13,552. This represented a 2.2% increase from the $13,260 charged in the previous year.

Approximately 96% of the undergraduate student body at the college are Rhode Island residents, while about 3% come from other states.

Data indicates that 96% of full-time undergraduates who began studies at the Community College of Rhode Island in 2022-23 received some form of financial aid. A total of 2,220 students were awarded grants or scholarships amounting to $13.1 million, and 87 students took out loans exceeding $329,999.

Across the entire undergraduate population, 8,465 students received grants or scholarships totaling $38.9 million. Additionally, 1,160 students borrowed $6.2 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Community College of Rhode Island 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 1,386 60% $6.9 million $5,014
State / local grant or scholarship 1,441 62% $5.5 million $3,782
Institutional grants or scholarships 936 40% $684,956 $732
Grant or scholarship aid total 2,220 95% $13.1 million $5,894
Federal student loans 84 4% $293,608 $3,495
Other student loans 0 0% $0 $0
Student loan aid 87 4% $329,999 $3,793
Total student aid 2,240 96% $13.4 million $5,988

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



Related

dummy-img

Cost of college increased for all New England Institute of Technology students during 2022-23 school year

Tuition increased by 3.3% for the 2022-23 academic year at the New England Institute of Technology, according to the latest report, according to the latest disclosure from the National Center for Education Statistics.

Dr. Rosemary A. Costigan, President - Community College of Rhode Island

Community College of Rhode Island in-state tuition and fees rank among lowest at public institutions in Rhode Island in 2024

In 2024, in-state students at Community College of Rhode Island in Warwick faced college costs totaling $5,550, according to the latest disclosure from the National Center for Education Statistics.

Meghan Hughes, President, Community College of Rhode Island - Community College of Rhode Island

Tuition and fees at Community College of Rhode Island for in-state students among the highest in Rhode Island in 2023

College costs for in-state students at Community College of Rhode Island, in Warwick, were $5,326 in 2023, according to the latest disclosure from the National Center for Education Statistics.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Kent County Times.