Kristine Strickland Chancellor of Fletcher Technical Community College | LinkedIn
Kristine Strickland Chancellor of Fletcher Technical Community College | LinkedIn
Data shows that students paid $5,425 on average to attend higher education courses at the time, $49 more than the previous school year.
Among the five institutions in the county, Omega Institute of Cosmetology stood out with the highest tuition fees, reaching an average of $16,400. Unitech Training Academy-Houma followed with an average of $15,495 per year. Fletcher Technical Community College students were offered the lowest annual tuition fees at $4,119.
At the time, a total of $3.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Terrebonne Parish universities in the 2022-23 school year. Additionally, federal student loans reached $2.6 million.
Currently there are five higher education institutions in Terrebonne Parish, including Omega Institute of Cosmetology, Williams Technical College, and Fletcher Technical Community 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 |
---|---|---|---|---|---|---|
Fletcher Technical Community College | 257 | $1,505,445 | $5,858 | 90 | $525,589 | $5,840 |
Unitech Training Academy-Houma | 185 | $770,657 | $4,166 | 185 | $1,120,175 | $6,055 |
Omega Institute of Cosmetology | 25 | $153,566 | $6,143 | 26 | $184,575 | $7,099 |
LaSalle Tech | 136 | $602,374 | $4,429 | 133 | $692,455 | $5,206 |
Williams Technical College | 22 | $99,324 | $4,515 | 22 | $71,741 | $3,261 |