Patrick Henry College maintained the same tuition fees for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $28,425 for both the 2021-22 and 2022-23 school years.
Approximately 16% of the undergraduate students at the college are Virginia residents, while about 83% come from other states.
Data indicates that 98% of full-time undergraduates who began studies at Patrick Henry College in 2022-23 received some form of financial aid. Among them, 94 students were awarded grants or scholarships totaling $1.3 million, and 15 students secured loans amounting to over $232,376.
Across the entire undergraduate body, 362 students benefited from grants or scholarships totaling $5.1 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 Patrick Henry 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 | 0 | 0% | $0 | $0 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 94 | 98% | $1.3 million | $13,798 |
| Grant or scholarship aid total | 94 | 98% | $1.3 million | $13,798 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 15 | 16% | $232,376 | $15,492 |
| Student loan aid | 15 | 16% | $232,376 | $15,492 |
| Total student aid | 94 | 98% | $1.5 million | $16,270 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
