Cost of college increased for all Falcon Institute of Health and Science students in 2022-23 school year

Preet Chahal President - Falcon Institute of Health and Science
Preet Chahal President - Falcon Institute of Health and Science
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Tuition fees at the Falcon Institute of Health and Science increased by 13% for the 2022-23 academic year, based on the most recent data released by the institution, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $26,140 this year, which is $3,000 higher than the $23,140 tuition charged during the 2021-22 academic year.

Approximately 5% of the undergraduate student body at the school are residents of Pennsylvania, while about 1% come from other states.

Data indicates that 63% of full-time undergraduates who began their studies at the Falcon Institute of Health and Science in 2022-23 received some form of student financial aid. In total, 80 students were awarded grants or scholarships amounting to $464,671, while 102 students secured student loans exceeding $1 million.

Among all undergraduates, 80 students benefited from grants or scholarships totaling $464,671, and 102 students obtained federal student loans totaling $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 Falcon Institute of Health and Science 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 80 50% $464,671 $5,808
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 80 50% $464,671 $5,808
Federal student loans 102 63% $1 million $10,180
Other student loans 0 0% $0 $0
Student loan aid 102 63% $1 million $10,180
Total student aid 102 63% $1.5 million $14,735

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



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