President Steady Moono, Ed.D. | Schenectady County Community College
President Steady Moono, Ed.D. | Schenectady County Community College
Data shows that students paid $26,449 on average to attend higher education courses at the time, $948 more than the previous school year.
Among the five institutions in the county, Union College stood out with the highest tuition fees, reaching an average of $63,954. Paul Mitchell the School-Schenectady followed with an average of $18,800 per year. Schenectady County Community College students were offered the lowest annual tuition fees at $5,814.
At the time, a total of $23.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Schenectady County universities in the 2022-23 school year. Additionally, federal student loans reached $3 million.
Currently there are five higher education institutions in Schenectady County, including Paul Mitchell the School-Schenectady, Belanger School of Nursing, and Modern Welding School.
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 |
|---|---|---|---|---|---|---|
| Modern Welding School | 36 | $261,948 | $7,276 | 50 | $341,104 | $6,822 |
| Schenectady County Community College | 305 | $2,375,975 | $7,790 | 59 | $264,900 | $4,490 |
| Paul Mitchell the School-Schenectady | 19 | $121,842 | $6,413 | 21 | $149,874 | $7,137 |
| Union College | 541 | $20,964,161 | $38,751 | 287 | $2,220,840 | $7,738 |
| Belanger School of Nursing | 0 | $0 | $0 | 0 | $0 | $0 |
Alerts Sign-up