Richard Corcoran President | New College of Florida
Richard Corcoran President | New College of Florida
Data shows that students paid $30,032 on average to attend higher education courses at the time, $830 more than the previous school year.
Among the four institutions in the county, Ringling College of Art and Design stood out with the highest tuition fees, reaching an average of $52,826. Meridian College followed with an average of $38,100 per year. Suncoast Technical College students were offered the lowest annual tuition fees at $6,462.
At the time, a total of $10.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Sarasota County universities in the 2022-23 school year. Additionally, federal student loans reached $2.9 million.
Currently there are four higher education institutions in Sarasota County, including Meridian College, New College of Florida, and Ringling College of Art and Design.
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 |
|---|---|---|---|---|---|---|
| New College of Florida | 188 | $2,870,019 | $15,266 | 28 | $174,624 | $6,237 |
| Meridian College | 52 | $254,443 | $4,893 | 65 | $539,946 | $8,307 |
| Ringling College of Art and Design | 413 | $6,631,904 | $16,058 | 153 | $2,205,675 | $14,416 |
| Suncoast Technical College | 130 | $577,014 | $4,439 | 0 | $0 | $0 |
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