Cost of education decreases for all Pensacola State College students in 2022-23 school year

Debra Houry, CDC Deputy Director for Program and Science/Chief Medical Officer
Debra Houry, CDC Deputy Director for Program and Science/Chief Medical Officer
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Tuition for Florida residents attending Pensacola State College dropped by 0.1% during the 2022-23 school year, as revealed in the most recent data, according to the latest disclosure from the National Center for Education Statistics.

Florida students paid $2,365 to attend the public four-year institution this year, a $2 reduction from the $2,367 charged in the 2021-22 academic year.

Non-resident students were charged $9,475 in tuition for the 2022-23 year, which is 300.6% higher than the in-state rate. This amount reflects a slight decrease of 0.1% from the $9,482 tuition in 2021-22.

Approximately 94% of the undergraduate student body at Pensacola State College are Florida residents, while around 5% come from other states.

Data indicates that 79% of full-time undergraduates who began studies at Pensacola State College in 2022-23 received some form of financial aid. A total of 624 students were awarded grants or scholarships amounting to $4.1 million, and 62 students secured loans totaling over $234,528.

Across all undergraduates, 4,031 students benefited from grants or scholarships totaling $19.3 million. Additionally, 639 students obtained federal student loans amounting to $3.7 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 Pensacola State 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 414 50% $2.4 million $5,745
State / local grant or scholarship 354 43% $921,119 $2,602
Institutional grants or scholarships 299 36% $827,474 $2,767
Grant or scholarship aid total 624 76% $4.1 million $6,614
Federal student loans 62 8% $234,528 $3,783
Other student loans 0 0% $0 $0
Student loan aid 62 8% $234,528 $3,783
Total student aid 651 79% $4.4 million $6,699

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



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