Dr. Amy Kremenek Manor College President | Tompkins Cortland Community College
Dr. Amy Kremenek Manor College President | Tompkins Cortland Community College
Data shows that students paid $50,346 on average to attend higher education courses at the time, $1,699 more than the previous school year.
Among the three institutions in the county, Cornell University stood out with the highest tuition fees, reaching an average of $63,200. Ithaca College followed with an average of $48,276 per year. Tompkins Cortland Community College students were offered the lowest annual tuition fees at $6,968.
At the time, a total of $143.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Tompkins County universities in the 2022-23 school year. Additionally, federal student loans reached $14.3 million.
Currently there are three higher education institutions in Tompkins County, including Ithaca College, Tompkins Cortland Community College, and Cornell University.
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 |
---|---|---|---|---|---|---|
Ithaca College | 1,306 | $41,629,806 | $31,876 | 882 | $4,720,082 | $5,352 |
Cornell University | 1,767 | $100,260,476 | $56,741 | 1,003 | $8,600,069 | $8,574 |
Tompkins Cortland Community College | 295 | $1,839,595 | $6,236 | 151 | $937,491 | $6,209 |