For the 2022-23 school year, tuition at Southern Technical College rose by 5.3%, based on the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit college paid $14,742 this year, an increase of $738 from the $14,004 charged during the 2021-22 academic year.
The entire undergraduate student body at the institution consists of Florida residents.
Data indicates that 87% of full-time undergraduates who began studies at Southern Technical College in 2022-23 received some form of student financial aid. Specifically, 162 students were awarded grants or scholarships totaling $768,824, while 178 students obtained student loans exceeding $788,961.
Across all undergraduate students, 478 individuals benefited from grants or scholarships amounting to $2.5 million. Additionally, 406 students secured $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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 162 | 72% | $768,824 | $4,746 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 162 | 72% | $768,824 | $4,746 |
| Federal student loans | 178 | 79% | $788,961 | $4,432 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 178 | 79% | $788,961 | $4,432 |
| Total student aid | 196 | 87% | $1.6 million | $7,947 |
