Dr. Porter Brannon, President | Virginia Peninsula Community College
Dr. Porter Brannon, President | Virginia Peninsula Community College
Data shows that students paid $12,705 on average to attend higher education courses at the time, less than the $67 charged for the previous school year.
Among the four institutions in the county, Hampton University stood out with the highest tuition fees, reaching an average of $29,162. Asher Institute of Hampton followed with an average of $17,134 per year. Virginia Peninsula Community College students were offered the lowest annual tuition fees at $4,926.
At the time, at least $14 million in grants or scholarships were awarded to full-time undergraduates who started at the Hampton city universities in the 2022-23 school year. Additionally, federal student loans reached more than $4.8 million.
Currently there are four higher education institutions in Hampton city, including Virginia Peninsula Community College, Asher Institute of Hampton, and Hampton University.
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.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Virginia Peninsula Community College | 267 | $1,808,097 | $6,772 | 54 | $315,028 | $5,834 |
Ascent College | -- | -- | -- | -- | -- | -- |
Hampton University | 701 | $12,229,410 | $17,446 | 524 | $4,439,500 | $8,472 |
Asher Institute of Hampton | 0 | $0 | $0 | 0 | $0 | $0 |