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Nassau Standard

Wednesday, November 13, 2024

Cost of college went up for all students at Molloy College

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Tuition and fees rose 3.9 percent for 2018-19 at Molloy College, according to recent data from the U.S. Department of Education.

New York students paid $31,490 to attend the four-year private not-for-profit institution this year – $1,180 more than the $30,310 charged for 2017-18.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 486 students received grants or scholarships totaling $7.3 million and 342 students took out student loans totaling more than $2.6 million.

Including all undergraduates (4,929), 2,811 students used grants or scholarships totaling $35.1 million, and 2,352 students took out $17.7 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~4,584$28,030$29,100$30,310$31,49012.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Molloy College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants16933%$912,245$5,398
State / local grant or scholarship20440%$513,692$2,518
Institutional grants or scholarships47092%$5,900,173$12,554
Grant or scholarship aid total48695%$7,326,110$15,074
Federal student loans34267%$2,117,027$6,190
Other student loans316%$462,974$14,935
Student loan aid34267%$2,580,001$7,544
Total student aid50699%--

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