Cost increased for all Colorado School of Trades students during 2022-23 school year

Paul Sullivan, Admissions representative
Paul Sullivan, Admissions representative
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The Colorado School of Trades reported a 3.7% tuition increase for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the two-year private for-profit institution paid $25,200 this year, which is $900 higher than the $24,300 tuition charged during the 2021-22 academic year.

Approximately 33% of the undergraduate student body at the school are residents of Colorado, while the remaining 67% come from other states.

Data indicates that 44% of full-time undergraduates who began their studies at the Colorado School of Trades in 2022-23 received some form of financial aid. Specifically, 31 students were awarded grants or scholarships totaling $146,754, and 29 students took out student loans amounting to more than $285,851.

Across all undergraduate students, 55 received grants or scholarships totaling $244,178. Additionally, 43 students obtained federal student loans totaling $409,419.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Colorado School of Trades 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 31 33% $146,754 $4,734
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 31 33% $146,754 $4,734
Federal student loans 29 31% $285,851 $9,857
Other student loans 0 0% $0 $0
Student loan aid 29 31% $285,851 $9,857
Total student aid 42 44% $432,605 $10,300

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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