The Hunter Business School reported a 7.4% tuition increase for the 2022-23 school year, based on the latest figures disclosed, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $14,490 this year, marking a $1,000 rise from the $13,490 tuition fee charged during the 2021-22 academic year.
Approximately 99% of the undergraduate students at the school are residents of New York.
Data indicates that 92% of full-time undergraduates who began their studies at Hunter Business School in 2022-23 received some form of financial aid. A total of 452 students were awarded grants or scholarships amounting to $3.7 million, while 455 students borrowed over $4.5 million in student loans.
Across all undergraduates, 1,084 students benefited from grants or scholarships totaling $8.2 million. Additionally, 1,106 students secured federal student loans exceeding $10.6 million.
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 Hunter Business School 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 | 405 | 63% | $2.7 million | $6,687 |
| State / local grant or scholarship | 123 | 19% | $1 million | $8,408 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 452 | 70% | $3.7 million | $8,280 |
| Federal student loans | 455 | 71% | $4.5 million | $9,821 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 455 | 71% | $4.5 million | $9,821 |
| Total student aid | 592 | 92% | $8.2 million | $13,870 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
