Cost increased for all Bard College at Simon’s Rock students during 2022-23 school year

Leon Botstein President - Bard College at Simon%27s Rock
Leon Botstein President - Bard College at Simon%27s Rock
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The tuition fee for Bard College at Simon’s Rock rose by 2.2% for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $64,951 this year, an increase of $1,368 from the $63,583 charged during the 2021-22 academic year.

Massachusetts residents comprise approximately 23% of the undergraduate student body, while 61% come from other U.S. states and 16% are international students.

Data indicates that all full-time undergraduates who began their studies at Bard College at Simon’s Rock in 2022-23 received some form of financial aid. Specifically, 94 students were awarded grants or scholarships totaling $3.5 million, and 53 students borrowed more than $339,898 in student loans.

Across the entire undergraduate population, 252 students received grants or scholarships amounting to $9.9 million. Additionally, 137 students obtained federal student loans totaling $785,026.

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 Bard College at Simon’s Rock 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 39 41% $108,278 $2,776
State / local grant or scholarship 0 1% $0 $0
Institutional grants or scholarships 93 99% $3.4 million $36,518
Grant or scholarship aid total 94 100% $3.5 million $37,292
Federal student loans 48 51% $236,775 $4,933
Other student loans 5 5% $103,123 $20,625
Student loan aid 53 56% $339,898 $6,413
Total student aid 94 100% $3.8 million $40,908

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



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