Cost of education at Northwest College holds steady for all students in 2022-23 school year

Lisa Watson, President
Lisa Watson, President
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Northwest College maintained its in-state tuition fees for the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Wyoming residents paid $4,862 to attend the public four-year institution during both the 2021-22 and 2022-23 academic years.

For the 2022-23 academic year, non-resident students were charged $11,162, which is 129.6% higher than the in-state rate. This amount remained unchanged from the previous year.

Approximately 56% of the undergraduate student body at Northwest College are Wyoming residents. Students from other states make up about 27%, while international students account for 17%.

Data indicates that 95% of full-time undergraduates who enrolled in 2022-23 received some form of student financial aid. Among them, 244 students were awarded grants or scholarships totaling $2 million, and 42 students obtained student loans amounting to more than $326,600.

Across the entire undergraduate population, 765 students received grants or scholarships totaling $5.6 million. Additionally, 141 students borrowed $815,509 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Northwest 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 70 26% $356,928 $5,099
State / local grant or scholarship 99 37% $262,343 $2,650
Institutional grants or scholarships 218 82% $1.4 million $6,278
Grant or scholarship aid total 244 92% $2 million $8,147
Federal student loans 38 14% $180,428 $4,748
Other student loans 7 3% $146,172 $20,882
Student loan aid 42 16% $326,600 $7,776
Total student aid 251 95% $2.3 million $9,221

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



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