Bay Path University maintained its tuition rates for the 2022-23 academic year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $36,497 this year, an increase of $716 from the $35,781 charged in the 2021-22 academic year.
Approximately 65% of the undergraduate student body are residents of Massachusetts, while around 35% come from other states.
Data indicates that 86% of full-time undergraduates who began their studies at Bay Path University in 2022-23 received some form of financial aid. Among them, 119 students were awarded grants or scholarships totaling $3.8 million, and 89 students borrowed more than $641,342 in student loans.
Across the entire undergraduate population, 977 students benefited from grants or scholarships amounting to $15.4 million. Additionally, 1,104 students took out federal student loans totaling $8.1 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.
The following data includes only full-time students who began an undergraduate program at the Bay Path University 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 | 75 | 54% | $542,672 | $7,236 |
| State / local grant or scholarship | 62 | 45% | $258,350 | $4,167 |
| Institutional grants or scholarships | 119 | 86% | $3 million | $25,496 |
| Grant or scholarship aid total | 119 | 86% | $3.8 million | $32,227 |
| Federal student loans | 89 | 64% | $506,397 | $5,690 |
| Other student loans | 11 | 8% | $134,945 | $12,268 |
| Student loan aid | 89 | 64% | $641,342 | $7,206 |
| Total student aid | 119 | 86% | $4.5 million | $37,616 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
