Dr. Steven A. Mauro, President | SUNY College of Technology at Alfred
Dr. Steven A. Mauro, President | SUNY College of Technology at Alfred
Data shows that students paid $17,193 on average to attend higher education courses at the time, $338 more than the previous school year.
Among the three institutions in the county, Alfred University stood out with the highest tuition fees, reaching an average of $37,644. Houghton University followed with an average of $16,446 per year. SUNY College of Technology at Alfred students were offered the lowest annual tuition fees at $9,145.
At the time, a total of $20.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Allegany County universities in the 2022-23 school year. Additionally, federal student loans reached $8.2 million.
Currently there are three higher education institutions in Allegany County, including Houghton University, SUNY College of Technology at Alfred, and Alfred University.
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 |
|---|---|---|---|---|---|---|
| Houghton University | 175 | $1,250,994 | $7,149 | 108 | $917,217 | $8,493 |
| SUNY College of Technology at Alfred | 939 | $8,405,692 | $8,952 | 675 | $5,292,881 | $7,841 |
| Alfred University | 369 | $10,468,999 | $28,371 | 259 | $1,944,864 | $7,509 |
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