Tuition at Maria College of Albany rose by 3% for the 2022-23 academic year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $16,510 to attend the private, four-year, not-for-profit institution this year, an increase of $475 from the $16,035 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of New York residents.
Data indicates that 91% of full-time undergraduates who enrolled at Maria College of Albany in 2022-23 received some form of student financial aid. Specifically, 26 students were awarded grants or scholarships totaling $221,554, while 17 students obtained student loans exceeding $93,875.
Across all undergraduates, 540 students benefited from grants or scholarships amounting to $1.7 million. Additionally, 571 students secured $3.8 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.
The following data includes only full-time students who began an undergraduate program at the Maria College of Albany 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 | 26 | 81% | $127,551 | $4,906 |
| State / local grant or scholarship | 13 | 41% | $34,690 | $2,668 |
| Institutional grants or scholarships | 14 | 44% | $59,313 | $4,237 |
| Grant or scholarship aid total | 26 | 81% | $221,554 | $8,521 |
| Federal student loans | 17 | 53% | $93,875 | $5,522 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 17 | 53% | $93,875 | $5,522 |
| Total student aid | 29 | 91% | $315,429 | $10,876 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
