For the 2022-23 school year, tuition at Renaissance Academie rose by 9.7%, based on the most recent information released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $17,550 this year, which is $1,554 higher than the $15,996 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents of Utah.
Data indicates that 62% of full-time undergraduates who began studies at Renaissance Academie in 2022-23 received some form of student financial aid. Specifically, 31 students were awarded grants or scholarships totaling $126,781, while 26 students obtained student loans amounting to more than $113,739.
Across all undergraduates, 168 students benefited from grants or scholarships totaling $403,097. Additionally, 86 students borrowed $391,495 in federal student loans.
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 Renaissance Academie 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 | 41% | $126,781 | $4,090 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 31 | 41% | $126,781 | $4,090 |
| Federal student loans | 26 | 34% | $113,739 | $4,375 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 26 | 34% | $113,739 | $4,375 |
| Total student aid | 47 | 62% | $240,520 | $5,117 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
