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Utah Valley Times

Thursday, November 21, 2024

Average cost of college went up for students in Utah County in 2022-23 school year

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Dr. Miguel A. Cardona Secretary of Education | Facebook Website

Dr. Miguel A. Cardona Secretary of Education | Facebook Website

College tuition fees rose 3.9% in Utah County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $7,395 on average to attend higher education courses at the time, $279 more than the previous school year.

Among the 11 institutions providing full disclosure in the county, Aveda Institute-Provo stood out with the highest tuition fees, reaching an average of $19,000. Taylor Andrews Academy of Hair Design-Provo followed with an average of $18,000 per year. Mountainland Technical College students were offered the lowest annual tuition fees at $2,775.

At the time, at least $28.6 million in grants or scholarships were awarded to full-time undergraduates who started at the Utah County universities in the 2022-23 school year. Additionally, federal student loans reached more than $6.2 million.

Currently there are 12 higher education institutions in Utah County, including Acaydia School of Aesthetics, Brigham Young University, and Provo 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.

Of the 12 institutions in Utah County, Careers Unlimited did not provide detailed data on tuition fees.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in Utah County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Brigham Young University2,472$15,533,305$6,284469$2,694,578$5,745
Mountainland Technical College160$195,815$1,2240$0$0
Acaydia School of Aesthetics16$81,986$5,12433$120,898$3,664
American Beauty Academy16$67,024$4,1898$41,378$5,172
Careers Unlimited------------
Renaissance Academie31$126,781$4,09026$113,739$4,375
Aveda Institute-Provo24$134,954$5,62327$157,017$5,815
Mandalyn Academy8$27,885$3,4868$50,180$6,273
Paul Mitchell the School-Provo19$102,629$5,40221$176,713$8,415
Provo College14$79,582$5,68419$184,381$9,704
Utah Valley University3,178$12,188,985$3,835370$2,419,016$6,538
Taylor Andrews Academy of Hair Design-Provo28$106,722$3,81239$242,636$6,221

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