Cost increased for all Randolph Community College students during 2022-23 school year

Dr. Shah Ardalan, President
Dr. Shah Ardalan, President
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Randolph Community College reported a 1.3% rise in in-state tuition fees for the 2022-23 school year, as revealed in the latest figures, according to the latest disclosure from the National Center for Education Statistics.

North Carolina residents paid $2,416 to attend the two-year public college this year, marking a $20 increase from the $2,396 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 238.4% higher than those for in-state students in 2022-23, amounting to $8,176. This represents a 0.2% increase from the $8,156 charged in 2021-22.

Approximately 99% of the college’s undergraduate students are residents of North Carolina.

Data indicates that 77% of full-time undergraduates who enrolled at Randolph Community College in 2022-23 received some form of student financial aid. A total of 127 students were awarded grants or scholarships amounting to $995,611.

Across the entire undergraduate population, 986 students benefited from grants or scholarships totaling $8 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 Randolph 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 94 55% $793,940 $8,446
State / local grant or scholarship 89 52% $170,120 $1,911
Institutional grants or scholarships 27 16% $31,551 $1,169
Grant or scholarship aid total 127 74% $995,611 $7,839
Federal student loans 0 0% $0 $0
Other student loans 0 1% $0 $0
Student loan aid 0 1% $0 $0
Total student aid 132 77% $995,611 $7,542

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



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