For the 2022-23 school year, tuition at Embry-Riddle Aeronautical University-Worldwide rose by 4.1%, based on the most recent figures released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, not-for-profit university paid $11,185 this year, an increase of $437 from the $10,748 charged during the 2021-22 academic year.
Approximately 10% of the undergraduate student body are residents of Florida. Meanwhile, around 78% come from other states, and 6% are international students.
Data indicates that 35% of full-time undergraduates who began their studies at Embry-Riddle Aeronautical University-Worldwide in 2022-23 received some form of student financial aid. Specifically, 43 students were awarded grants or scholarships totaling $164,782, while 10 students took out loans exceeding $59,644.
Among all undergraduates, 3,509 students received grants or scholarships amounting to $17.4 million. Additionally, 890 students borrowed a combined total of $6 million in federal student loans.
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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 30 | 22% | $120,357 | $4,012 |
| State / local grant or scholarship | 6 | 4% | $28,705 | $4,784 |
| Institutional grants or scholarships | 21 | 15% | $15,720 | $749 |
| Grant or scholarship aid total | 43 | 31% | $164,782 | $3,832 |
| Federal student loans | 10 | 7% | $59,644 | $5,964 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 10 | 7% | $59,644 | $5,964 |
| Total student aid | 49 | 35% | $224,426 | $4,580 |
