Virginia Peninsula Community College maintained its in-state tuition rates for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Residents of Virginia paid $4,806 to attend the community college in both the 2021-22 and 2022-23 school years.
Non-resident students faced tuition fees 124.9% higher than those for residents in 2022-23, amounting to $10,809, a figure unchanged from the previous year.
Approximately 98% of the undergraduate student body at the college are Virginia residents, while about 2% come from other states.
Financial aid statistics indicate that 61% of full-time undergraduates who enrolled in 2022-23 received some form of assistance. Specifically, 267 students were awarded grants or scholarships totaling $1.8 million, and 54 students borrowed over $315,000 in student loans.
Across the entire undergraduate population, 2,128 students benefited from grants or scholarships amounting to $10.8 million. Additionally, 394 students obtained $2.2 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 Virginia Peninsula Community 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 | 241 | 47% | $1.3 million | $5,385 |
| State / local grant or scholarship | 228 | 45% | $411,933 | $1,807 |
| Institutional grants or scholarships | 40 | 8% | $98,473 | $2,462 |
| Grant or scholarship aid total | 267 | 52% | $1.8 million | $6,772 |
| Federal student loans | 52 | 10% | $272,799 | $5,246 |
| Other student loans | 5 | 1% | $42,229 | $8,446 |
| Student loan aid | 54 | 11% | $315,028 | $5,834 |
| Total student aid | 312 | 61% | $2.1 million | $6,804 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
