Cost of education for University of Vermont students stays the same in 2022-23 school year

Suresh V. Garimella, Ph.D. President
Suresh V. Garimella, Ph.D. President
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The University of Vermont did not increase out-of-state tuition fees for the 2022-23 academic year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Residents of Vermont paid $18,890 to attend the public four-year institution this year, a decrease of $112 from the $19,002 charged during the 2021-22 academic year.

Non-resident students were charged $43,890 for the 2022-23 academic year, which is 132.3% higher than the resident tuition. This amount remained unchanged from the previous year.

Approximately 16% of the undergraduate student body at the University of Vermont are Vermont residents. Students from other states make up about 82%, while international students account for roughly 1%.

All full-time undergraduates who began their studies at the University of Vermont in 2022-23 received some form of financial aid. In total, 2,974 students were awarded grants or scholarships amounting to $56.8 million, and 1,374 students secured loans exceeding $14.2 million.

Across the entire undergraduate population, 10,303 students benefited from grants or scholarships totaling $190.8 million. Additionally, 4,569 students obtained federal student loans amounting to $27.8 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 the University of Vermont 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 392 13% $2.6 million $6,666
State / local grant or scholarship 264 9% $1.2 million $4,681
Institutional grants or scholarships 2,970 99% $52.9 million $17,822
Grant or scholarship aid total 2,974 100% $56.8 million $19,093
Federal student loans 1,349 45% $7 million $5,164
Other student loans 385 13% $7.2 million $18,831
Student loan aid 1,374 46% $14.2 million $10,346
Total student aid 2,983 100% $71 million $23,800

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



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