Barry Butler, Ph.D. President | Embry-Riddle Aeronautical University-Worldwide
Barry Butler, Ph.D. President | Embry-Riddle Aeronautical University-Worldwide
Data shows that students paid $19,930 on average to attend higher education courses at the time, $622 more than the previous school year.
Among the eight institutions in the county, Stetson University stood out with the highest tuition fees, reaching an average of $52,320. Embry-Riddle Aeronautical University-Daytona Beach followed with an average of $40,564 per year. Daytona State College students were offered the lowest annual tuition fees at $3,373.
At the time, a total of $83.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Volusia County universities in the 2022-23 school year. Additionally, federal student loans reached $27.3 million.
Currently there are eight higher education institutions in Volusia County, including Stetson University, Installer Institute, and Daytona State College.
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 |
|---|---|---|---|---|---|---|
| International Academy | 21 | $77,136 | $3,673 | 21 | $114,989 | $5,476 |
| Embry-Riddle Aeronautical University-Worldwide | 43 | $164,782 | $3,832 | 10 | $59,644 | $5,964 |
| Daytona State College | 685 | $4,271,364 | $6,236 | 243 | $873,070 | $3,593 |
| Bethune-Cookman University | 939 | $14,192,014 | $15,114 | 813 | $5,312,704 | $6,535 |
| Daytona College | 49 | $189,521 | $3,868 | 52 | $227,443 | $4,374 |
| Stetson University | 665 | $31,277,672 | $47,034 | 363 | $2,841,935 | $7,829 |
| Embry-Riddle Aeronautical University-Daytona Beach | 1,791 | $32,993,633 | $18,422 | 1,005 | $17,778,208 | $17,690 |
| Installer Institute | 20 | $137,900 | $6,895 | 8 | $91,258 | $11,407 |
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