Cost of attending Bridgewater College increases for all students in 2022-23 school year

David W. Bushman, Ph.D., President - Bridgewater College
David W. Bushman, Ph.D., President - Bridgewater College
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Bridgewater College reported a 3.5% tuition increase for the 2022-23 academic year, based on 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 $39,800 this year, up $1,340 from the $38,460 tuition charged during the 2021-22 academic year.

Approximately 73% of the undergraduate student body are Virginia residents, while about 24% come from other states and 3% are international students.

Data indicates that all full-time undergraduates who began studies at Bridgewater College in 2022-23 received some form of financial aid. A total of 422 students were awarded grants or scholarships amounting to $15.3 million, while 264 students borrowed more than $2 million in student loans.

Across the entire undergraduate population, 1,379 students received grants or scholarships totaling $43.6 million. Additionally, 897 students borrowed $6.1 million in federal student loans.

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 Bridgewater College in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants12028%$684,979$5,708
State / local grant or scholarship31374%$1.4 million$4,498
Institutional grants or scholarships422100%$13.2 million$31,390
Grant or scholarship aid total422100%$15.3 million$36,350
Federal student loans26062%$1.5 million$5,774
Other student loans348%$477,677$14,049
Student loan aid26463%$2 million$7,496
Total student aid422100%$17.3 million$41,039
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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