For the 2022-23 school year, tuition at Albany College of Pharmacy and Health Sciences rose by 3%, as indicated in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, not-for-profit institution paid $38,225 this year, an increase of $1,110 from the $37,115 tuition charged during the 2021-22 academic year.
Approximately 64% of the undergraduate student body are residents of New York, while about 32% come from other states and 4% are international students.
Data reveals that all full-time undergraduates who began their studies at Albany College of Pharmacy and Health Sciences in 2022-23 received some form of student financial aid. A total of 111 students were awarded grants or scholarships amounting to $2.8 million, and 103 students borrowed over $1.5 million in student loans.
Across the entire undergraduate population, 583 students received grants or scholarships totaling $12.2 million. Additionally, 514 students obtained $5.4 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 Albany College of Pharmacy and Health Sciences 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 | 37 | 33% | $241,891 | $6,538 |
| State / local grant or scholarship | 68 | 61% | $133,790 | $1,968 |
| Institutional grants or scholarships | 111 | 100% | $2.4 million | $22,029 |
| Grant or scholarship aid total | 111 | 100% | $2.8 million | $25,414 |
| Federal student loans | 102 | 92% | $900,328 | $8,827 |
| Other student loans | 26 | 23% | $559,329 | $21,513 |
| Student loan aid | 103 | 93% | $1.5 million | $14,171 |
| Total student aid | 111 | 100% | $4.3 million | $38,563 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
