Dr. Miguel Cardona, Secretary of Education | https://www2.ed.gov/news/staff/bios/cardona.html#:~:text=Miguel%20A.,in%20the%20mainland%20United%20States.
Dr. Miguel Cardona, Secretary of Education | https://www2.ed.gov/news/staff/bios/cardona.html#:~:text=Miguel%20A.,in%20the%20mainland%20United%20States.
Data shows that students paid $3,324 on average to attend higher education courses at the time, $3 more than the previous school year.
Among the three institutions in the county, Sarasota School of Massage Therapy stood out with the highest tuition fees, reaching an average of $13,850. Manatee Technical College followed with an average of $4,500 per year. State College of Florida-Manatee-Sarasota students were offered the lowest annual tuition fees at $3,074.
At the time, a total of $7.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Manatee County universities in the 2022-23 school year. Additionally, federal student loans reached $714,966.
Currently there are three higher education institutions in Manatee County, including Sarasota School of Massage Therapy, Manatee Technical College, and State College of Florida-Manatee-Sarasota.
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 |
|---|---|---|---|---|---|---|
| Manatee Technical College | 702 | $463,918 | $661 | 0 | $0 | $0 |
| Sarasota School of Massage Therapy | 32 | $171,050 | $5,345 | 37 | $273,808 | $7,400 |
| State College of Florida-Manatee-Sarasota | 1,006 | $7,037,477 | $6,996 | 104 | $441,158 | $4,242 |
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