Susquehanna University reported a 4% tuition increase for the 2022-23 academic year, as detailed in the latest disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, not-for-profit university paid $55,160 this year, which is $2,100 higher than the $53,060 charged during the 2021-22 academic year.
Approximately 62% of the undergraduate student body are residents of Pennsylvania, while about 38% come from other states.
Data indicates that 95% of full-time undergraduates who began studies at Susquehanna University in 2022-23 received some form of student financial aid. A total of 550 students were awarded grants or scholarships amounting to $24.9 million, and 435 students obtained student loans exceeding $3.9 million.
Across the entire undergraduate population, 2,115 students received grants or scholarships totaling $91.5 million. Additionally, 1,516 students borrowed $10.1 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.
The following data includes only full-time students who began an undergraduate program at the Susquehanna University 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 | 149 | 26% | $823,833 | $5,529 |
| State / local grant or scholarship | 164 | 28% | $684,020 | $4,171 |
| Institutional grants or scholarships | 550 | 95% | $23.4 million | $42,577 |
| Grant or scholarship aid total | 550 | 95% | $24.9 million | $45,318 |
| Federal student loans | 402 | 70% | $2.2 million | $5,394 |
| Other student loans | 108 | 19% | $1.8 million | $16,383 |
| Student loan aid | 435 | 75% | $3.9 million | $9,052 |
| Total student aid | 550 | 95% | $28.9 million | $52,477 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
