Dr. John L. Clay - President | Huntsville Bible College
Dr. John L. Clay - President | Huntsville Bible College
Data shows that students paid $14,570 on average to attend higher education courses at the time, $268 more than the previous school year.
Among the eight institutions in the county, Oakwood University stood out with the highest tuition fees, reaching an average of $20,040. The Salon Professional Academy-Huntsville followed with an average of $19,730 per year. Huntsville Bible College students were offered the lowest annual tuition fees at $4,730.
At the time, a total of $31.4 million in grants or scholarships were awarded to full-time undergraduates who started at the Madison County universities in the 2022-23 school year. Additionally, federal student loans reached $11.1 million.
Currently there are eight higher education institutions in Madison County, including Oakwood University, Alabama A & M University, and Paul Mitchell the School-Huntsville.
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 |
|---|---|---|---|---|---|---|
| Huntsville Bible College | 0 | $0 | $0 | 0 | $0 | $0 |
| Oakwood University | 347 | $5,475,503 | $15,780 | 156 | $971,567 | $6,228 |
| Paul Mitchell the School-Huntsville | 13 | $92,404 | $7,108 | 18 | $158,751 | $8,820 |
| J. F. Drake State Community and Technical College | 61 | $417,254 | $6,840 | 0 | $0 | $0 |
| Ross Medical Education Center-Huntsville | 65 | $350,500 | $5,392 | 67 | $661,388 | $9,871 |
| University of Alabama in Huntsville | 1,101 | $9,619,087 | $8,737 | 455 | $3,533,785 | $7,767 |
| The Salon Professional Academy-Huntsville | 6 | $40,720 | $6,787 | 11 | $85,499 | $7,773 |
| Alabama A & M University | 1,323 | $15,362,449 | $11,612 | 887 | $5,664,417 | $6,386 |
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