Kerry Calnan, DBA Chief of Staff Springfield College | Springfield College
Kerry Calnan, DBA Chief of Staff Springfield College | Springfield College
Data shows that students paid $21,489 on average to attend higher education courses at the time, $880 more than the previous school year.
Among the eight institutions in the county, Western New England University stood out with the highest tuition fees, reaching an average of $44,500. Springfield College followed with an average of $41,694 per year. Holyoke Community College students were offered the lowest annual tuition fees at $5,619.
At the time, a total of $59.8 million in grants or scholarships were awarded to full-time undergraduates who started at the Hampden County universities in the 2022-23 school year. Additionally, federal student loans reached $16.8 million.
Currently there are eight higher education institutions in Hampden County, including Western New England University, American International College, and Springfield 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 |
---|---|---|---|---|---|---|
Springfield College | 515 | $14,840,567 | $28,817 | 395 | $3,593,141 | $9,097 |
College of Our Lady of the Elms | 144 | $4,466,207 | $31,015 | 109 | $851,220 | $7,809 |
Westfield State University | 649 | $5,455,528 | $8,406 | 548 | $4,302,818 | $7,852 |
American International College | 324 | $11,018,840 | $34,009 | 276 | $1,989,985 | $7,210 |
Holyoke Community College | 241 | $1,572,516 | $6,525 | 89 | $392,481 | $4,410 |
Bay Path University | 119 | $3,834,991 | $32,227 | 89 | $641,342 | $7,206 |
Springfield Technical Community College | 385 | $2,452,830 | $6,371 | 94 | $397,036 | $4,224 |
Western New England University | 589 | $16,109,948 | $27,351 | 532 | $4,617,325 | $8,679 |