For the 2022-23 school year, tuition at Herzing University-New Orleans dropped by 10.2%, based on the latest figures released, according to the latest disclosure from the National Center for Education Statistics.
Students paid $12,750 to attend the private, four-year, not-for-profit university this year, a reduction of $1,450 from the $14,200 tuition charged in the 2021-22 academic year.
Approximately 95% of the undergraduate student body at the university are residents of Louisiana, while around 5% come from other states.
Data indicates that every full-time undergraduate who began studies at Herzing University-New Orleans in 2022-23 received some form of financial aid. Specifically, 23 students were awarded grants or scholarships totaling $134,692, and 20 students obtained student loans amounting to over $125,329.
Across the entire undergraduate population, 349 students benefited from grants or scholarships totaling $2.3 million. Additionally, 299 students secured federal student loans totaling $2.5 million.
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.
The following data includes only full-time students who began an undergraduate program at the Herzing University-New Orleans in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 23 | 96% | $117,518 | $5,109 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 13 | 54% | $17,174 | $1,321 |
| Grant or scholarship aid total | 23 | 96% | $134,692 | $5,856 |
| Federal student loans | 20 | 83% | $125,329 | $6,266 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 20 | 83% | $125,329 | $6,266 |
| Total student aid | 24 | 100% | $260,021 | $10,834 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
