Dr. Miguel A. Cardona Secretary of Education | Official website
Dr. Miguel A. Cardona Secretary of Education | Official website
Data shows that students paid $19,604 on average to attend higher education courses at the time, $938 more than the previous school year.
Among the 11 institutions in the county, Florida Southern College stood out with the highest tuition fees, reaching an average of $40,500. Webber International University followed with an average of $30,798 per year. Traviss Technical College students were offered the lowest annual tuition fees at $625.
At the time, a total of $51.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Polk County universities in the 2022-23 school year. Additionally, federal student loans reached $13.1 million.
Currently there are 11 higher education institutions in Polk County, including Southeastern University, Webber International University, and Polk 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 |
---|---|---|---|---|---|---|
Artistic Nails and Beauty Academy-Lakeland | 36 | $122,060 | $3,391 | 33 | $169,506 | $5,137 |
Warner University | 240 | $4,785,125 | $19,938 | 183 | $1,312,174 | $7,170 |
Florida Polytechnic University | 433 | $4,013,375 | $9,269 | 125 | $723,252 | $5,786 |
Southeastern University | 889 | $14,344,209 | $16,135 | 731 | $5,476,793 | $7,492 |
Ruben's Five Star Academy | 11 | $59,801 | $5,436 | 11 | $72,241 | $6,567 |
Traviss Technical College | 168 | $857,188 | $5,102 | 0 | $0 | $0 |
Florida Southern College | 751 | $20,054,524 | $26,704 | 442 | $3,703,415 | $8,379 |
Empire Beauty School-Lakeland | 43 | $197,123 | $4,584 | 48 | $366,250 | $7,630 |
Webber International University | 218 | $3,920,488 | $17,984 | 176 | $1,208,076 | $6,864 |
Polk State College | 448 | $2,353,538 | $5,253 | 23 | $67,209 | $2,922 |
Ridge Technical College | 285 | $1,176,600 | $4,128 | 0 | $0 | $0 |
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