Cost of college decreased for all Herzing University-Tampa 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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Herzing University-Tampa reported a 10.2% reduction in tuition fees for the 2022-23 school 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 not-for-profit university paid $12,750 this year, which is $1,450 less than the $14,200 tuition charged during the 2021-22 academic year.

The entire undergraduate student body at the institution consists of Florida residents.

Data indicates that all full-time undergraduates who began their studies at Herzing University-Tampa in 2022-23 received some form of student financial aid. Specifically, 22 students were awarded grants or scholarships totaling $123,997, while the same number of students borrowed more than $150,337 in student loans.

Across the entire undergraduate population, 165 students received grants or scholarships amounting to $1 million. Additionally, 161 students obtained $1.5 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 Herzing University-Tampa 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 15 65% $72,037 $4,802
State / local grant or scholarship 5 22% $14,670 $2,934
Institutional grants or scholarships 10 43% $37,290 $3,729
Grant or scholarship aid total 22 96% $123,997 $5,636
Federal student loans 21 91% $133,837 $6,373
Other student loans 0 9% $0 $0
Student loan aid 22 96% $150,337 $6,834
Total student aid 23 100% $274,334 $11,927

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



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