Average cost of college went up for students in Hillsborough County in 2022-23 school year

Average cost of college went up for students in Hillsborough County in 2022-23 school year
Rhea F. Law President — University of South Florida
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College tuition fees rose 1.4% in Hillsborough County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $10,329 on average to attend higher education courses at the time, $146 more than the previous school year.

Among the 20 institutions in the county, The University of Tampa stood out with the highest tuition fees, reaching an average of $32,218. Arizona College of Nursing-Tampa followed with an average of $22,346 per year. Faith Theological Seminary and Christian College students were offered the lowest annual tuition fees at $1,520.

At the time, at least $99.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Hillsborough County universities in the 2022-23 school year. Additionally, federal student loans reached more than $41.8 million.

Currently there are 20 higher education institutions in Hillsborough County, including Artistic Nails and Beauty Academy-Tampa, Herzing University-Tampa, and H W Brewster Technical College.

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.

Total Student Aid in Hillsborough County Universities in 2022-23 School Year

Institution Number of Students Receiving Grants Total Amount of Grants Received Average Amount of Grant Per Student Number of Students Receiving Loans Total Amount of Loans Received Average Amount of Loans Per Student
Florida Career College-Tampa 297 $1,384,213 $4,661 302 $2,480,621 $8,214
South University-Tampa 12 $104,826 $8,736 10 $82,160 $8,216
Shear Excellence Hair Academy 10 $42,993 $4,299 11 $73,082 $6,644
Arizona College of Nursing-Tampa 8 $53,413 $6,677 9 $72,711 $8,079
University of South Florida 5,387 $53,936,556 $10,012 1,654 $14,766,894 $8,928
Summit Salon Academy 17 $91,555 $5,386 26 $183,043 $7,040
Strayer University-Florida 0 $0 $0 0 $0 $0
Herzing University-Tampa 22 $123,997 $5,636 22 $150,337 $6,834
Empire Beauty School-Tampa 40 $196,480 $4,912 46 $381,945 $8,303
Faith Theological Seminary and Christian College
Aparicio-Levy Technical College 0 $0 $0 0 $0 $0
Paul Mitchell the School-Tampa 12 $69,840 $5,820 18 $150,879 $8,382
The University of Tampa 1,775 $24,667,334 $13,897 1,450 $12,194,339 $8,410
Artistic Nails and Beauty Academy-Tampa 25 $110,566 $4,423 23 $154,095 $6,700
Erwin Technical College 506 $2,246,189 $4,439 0 $0 $0
H W Brewster Technical College 79 $295,311 $3,738 0 $0 $0
National Personal Training Institute-Tampa 6 $22,113 $3,686 5 $36,335 $7,267
Concorde Career Institute-Tampa 280 $1,271,433 $4,541 265 $1,877,289 $7,084
Florida College 156 $1,325,688 $8,498 87 $540,591 $6,214
Hillsborough Community College 2,116 $13,581,706 $6,419 1,614 $8,674,618 $5,375


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