Jack W. Haye President | Patrick Henry College
Jack W. Haye President | Patrick Henry College
Data shows that students paid $28,425 on average to attend Patrick Henry College courses at the time, unchanged from the previous school year.
For comparison, Virginia universities charge students an annual average of $16,180 per year.
At the time, a total of $1.3 million in grants or scholarships were awarded to full-time undergraduates who enrolled in the university. Additionally, federal student loans reached $232,376.
Currently, there are 409 students enrolled in Patrick Henry College.
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.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Patrick Henry College | 94 | $1,297,057 | $13,798 | 15 | $232,376 | $15,492 |