Nancy Wingert, MS Executive Vice President of OU Online | Ottawa University-Online
Nancy Wingert, MS Executive Vice President of OU Online | Ottawa University-Online
Data shows that students paid $33,380 on average to attend higher education courses at the time, unchanged from the previous school year.
At the time, at least $5.6 million in grants or scholarships were awarded to full-time undergraduates who started at the Franklin County universities in the 2022-23 school year. Additionally, federal student loans reached more than $2 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.
Of the two institutions in Franklin County, only Ottawa University-Ottawa provided detailed tuition fee data.
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 |
|---|---|---|---|---|---|---|
| Ottawa University-Online | -- | -- | -- | -- | -- | -- |
| Ottawa University-Ottawa | 243 | $5,641,260 | $23,215 | 238 | $1,965,632 | $8,259 |
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