Cost of education increases for all students at Technical College of the Rockies in 2022-23 school year

Kristine Weiszbrod, Career Advisor/Student Advocate
Kristine Weiszbrod, Career Advisor/Student Advocate
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The Technical College of the Rockies reported a 2.4% tuition increase for the 2022-23 school year, based on the most recent figures, according to the latest disclosure from the National Center for Education Statistics.

Students paid $2,895 to attend the public institution this year, which is $100 higher than the $2,795 tuition fee for the 2021-22 academic year.

The entire undergraduate student body at the school consists of residents of Colorado.

Data indicates that 36% of full-time undergraduates who enrolled at the Technical College of the Rockies in 2022-23 received some form of student financial aid. A total of 40 students were awarded grants or scholarships amounting to $299,408.

Across all undergraduate students, 100 individuals received grants or scholarships totaling $630,910.

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 Technical College of the Rockies 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 40 36% $181,648 $4,541
State / local grant or scholarship 39 35% $117,760 $3,019
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 40 36% $299,408 $7,485
Federal student loans 0 0% $0 $0
Other student loans 0 0% $0 $0
Student loan aid 0 0% $0 $0
Total student aid 40 36% $299,408 $7,485

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



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