Sterling College did not increase tuition fees for the 2022-23 school year, as revealed by recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit Sterling College paid $39,200 in tuition for both the 2021-22 and 2022-23 academic years.
Approximately 22% of Sterling College’s undergraduate students are residents of Vermont, while the remaining 78% come from other states.
Records indicate that all full-time undergraduates who began studies at Sterling College in 2022-23 received some form of financial aid. Ten students were awarded grants or scholarships totaling $215,150.
Among all undergraduates, 88 students benefited from grants or scholarships amounting to $3 million. Additionally, 36 students borrowed a combined total of $265,525 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 Sterling 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 | 10 | 100% | $26,060 | $2,606 |
| State / local grant or scholarship | 0 | 20% | $0 | $0 |
| Institutional grants or scholarships | 10 | 100% | $165,284 | $16,528 |
| Grant or scholarship aid total | 10 | 100% | $215,150 | $21,515 |
| Federal student loans | 0 | 20% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 20% | $0 | $0 |
| Total student aid | 10 | 100% | $215,150 | $21,515 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
