Eastern Nazarene College reported a 2.9% tuition increase for the 2022-23 academic year, based on the most recent figures released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, four-year nonprofit institution paid $27,990 for the 2022-23 year, an increase of $778 from the $27,212 charged during the 2021-22 academic year.
Approximately 42% of the undergraduate student body at Eastern Nazarene College are Massachusetts residents. Students from other states make up about 38%, while international students account for 19%.
Data indicates that every full-time undergraduate who began studies at Eastern Nazarene College in 2022-23 received some form of financial aid. Seventy-two students were awarded grants or scholarships totaling $1.5 million, and 45 students obtained student loans exceeding $323,330.
Among all undergraduates, 405 students received grants or scholarships amounting to $8.4 million. Additionally, 239 students borrowed a combined total of $2.3 million in federal student loans.
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.
The following data includes only full-time students who began an undergraduate program at the Eastern Nazarene College 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 | 72 | 100% | $177,494 | $2,465 |
| State / local grant or scholarship | 18 | 25% | $57,200 | $3,178 |
| Institutional grants or scholarships | 72 | 100% | $1.3 million | $17,514 |
| Grant or scholarship aid total | 72 | 100% | $1.5 million | $20,774 |
| Federal student loans | 44 | 61% | $238,750 | $5,426 |
| Other student loans | 8 | 11% | $84,580 | $10,573 |
| Student loan aid | 45 | 63% | $323,330 | $7,185 |
| Total student aid | 72 | 100% | $1.8 million | $25,264 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
