For the 2022-23 school year, tuition at Lynn University rose by 1.6%, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private not-for-profit Lynn University paid $41,550 this year, an increase of $1,150 compared to the $40,400 tuition charged in the 2021-22 academic year.
Approximately 31% of the undergraduate student body at Lynn University are residents of Florida, while around 55% come from other states.
Data indicates that 99% of full-time undergraduates who began their studies at Lynn University in the 2022-23 academic year received some form of student financial aid. A total of 772 students were awarded grants or scholarships amounting to $16.2 million, and 344 students borrowed more than $4.1 million in student loans.
Across all undergraduate students, 2,595 individuals received grants or scholarships totaling $48.9 million. Additionally, 992 students took out federal student loans amounting to $6.2 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 Lynn 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 | 190 | 24% | $1.2 million | $6,354 |
| State / local grant or scholarship | 226 | 29% | $641,708 | $2,839 |
| Institutional grants or scholarships | 760 | 96% | $14.4 million | $18,890 |
| Grant or scholarship aid total | 772 | 98% | $16.2 million | $20,992 |
| Federal student loans | 332 | 42% | $1.8 million | $5,362 |
| Other student loans | 148 | 19% | $2.3 million | $15,787 |
| Student loan aid | 344 | 44% | $4.1 million | $11,967 |
| Total student aid | 778 | 99% | $20.3 million | $26,121 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
