The National Career Institute maintained the same tuition rates for the 2022-23 school year, as revealed in the latest data release, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $9,900 in tuition for both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the school consists of residents from New Jersey.
Data indicates that 99% of full-time undergraduates who began studies at the National Career Institute in 2022-23 received some form of student financial aid. Specifically, 107 students were awarded grants or scholarships totaling $391,811, while 68 students secured student loans amounting to over $340,551.
Across all undergraduate students, 263 individuals benefited from grants or scholarships totaling $973,627. Additionally, 124 students obtained federal student loans totaling $705,004.
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 the National Career Institute 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 | 94 | 87% | $371,359 | $3,951 |
| State / local grant or scholarship | 14 | 13% | $20,452 | $1,461 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 107 | 99% | $391,811 | $3,662 |
| Federal student loans | 68 | 63% | $340,551 | $5,008 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 68 | 63% | $340,551 | $5,008 |
| Total student aid | 107 | 99% | $732,362 | $6,844 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
