Cost of education increases for all Rivier University students in 2022-23 school year

Sister Paula Marie Buley, IHM President - Rivier University
Sister Paula Marie Buley, IHM President - Rivier University
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For the 2022-23 school year, tuition at Rivier University rose by 3.1%, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit Rivier University paid $36,610 this year, which is $1,098 higher than the $35,512 charged during the 2021-22 academic year.

Approximately 49% of the undergraduate students at Rivier University are residents of New Hampshire, while about 51% come from other states.

Data indicates that 98% of full-time undergraduates who began studies at Rivier University in 2022-23 received some form of student financial aid. Among them, 263 students were awarded grants or scholarships totaling $6 million, and 213 students secured student loans amounting to over $2 million.

Across all undergraduate students, 1,126 received grants or scholarships worth $20.4 million. Additionally, 979 students obtained federal student loans totaling $6.9 million.

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 Rivier University 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 66 25% $389,729 $5,905
State / local grant or scholarship 38 14% $217,444 $5,722
Institutional grants or scholarships 263 98% $5.4 million $20,455
Grant or scholarship aid total 263 98% $6 million $22,763
Federal student loans 210 78% $1.1 million $5,269
Other student loans 53 20% $874,839 $16,506
Student loan aid 213 79% $2 million $9,302
Total student aid 264 98% $8 million $30,182

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



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