Provo College maintained its tuition fees for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit institution paid $17,112 in tuition during both the 2021-22 and 2022-23 academic years.
Approximately 83% of the undergraduate students at Provo College are Utah residents, while the remaining 17% come from other states.
Data indicates that 91% of full-time undergraduates who began studies at Provo College in 2022-23 received some form of student financial aid. Fourteen students were awarded grants or scholarships totaling $79,582, and 19 students borrowed over $184,381 in student loans.
Across all undergraduate students, 423 received grants or scholarships amounting to $3.2 million. Additionally, 567 students took out federal student loans totaling $6.4 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 Provo College 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 | 14 | 61% | $75,582 | $5,399 |
| State / local grant or scholarship | 0 | 4% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 14 | 61% | $79,582 | $5,684 |
| Federal student loans | 19 | 83% | $175,464 | $9,235 |
| Other student loans | 0 | 4% | $0 | $0 |
| Student loan aid | 19 | 83% | $184,381 | $9,704 |
| Total student aid | 21 | 91% | $263,963 | $12,569 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
