Cost of education increases for all students at University of Virginia’s College at Wise in 2022-23 school year

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The University of Virginia’s College at Wise saw a 3% rise in in-state tuition fees for the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Virginia residents paid $11,498 to attend the public four-year institution this year, an increase of $336 from the $11,162 charged during the 2021-22 academic year.

Non-resident students were charged 174.8% more than in-state students in 2022-23, paying $31,592. This amount reflects a 3% increase from the $30,672 tuition fee in the previous year.

Approximately 76% of the undergraduate student body at the college are Virginia residents, with about 21% coming from other states and 3% being international students.

Data indicates that all full-time undergraduates who began their studies at the University of Virginia’s College at Wise in 2022-23 received some form of financial aid. A total of 250 students were awarded grants or scholarships amounting to $3.4 million, while 72 students borrowed over $384,227 in student loans.

Among all undergraduates, 986 students utilized grants or scholarships totaling $14.3 million. Additionally, 366 students took out federal student loans amounting to $2.1 million.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the the University of Virginia’s College at Wise 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 126 50% $657,304 $5,217
State / local grant or scholarship 149 60% $997,605 $6,695
Institutional grants or scholarships 233 93% $1.8 million $7,599
Grant or scholarship aid total 250 100% $3.4 million $13,702
Federal student loans 67 27% $308,895 $4,610
Other student loans 6 2% $75,332 $12,555
Student loan aid 72 29% $384,227 $5,336
Total student aid 250 100% $3.8 million $15,239

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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