Cost of college increased for all Brescia University students during 2022-23 school year

Dr. Lauretta Frederking President
Dr. Lauretta Frederking President
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According to the latest figures, tuition at Brescia University rose by 3.7% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private not-for-profit institution paid $27,950 this year, which is $1,000 more than the $26,950 charged during the 2021-22 academic year.

Approximately 56% of the undergraduate student body at Brescia University are residents of Kentucky. Students from other states make up about 40%, while international students account for 4%.

Data indicates that all full-time undergraduates who began their studies at Brescia University in the 2022-23 school year received some form of financial aid. A total of 99 students were awarded grants or scholarships amounting to $2.6 million, and 47 students obtained loans exceeding $271,133.

Across the entire undergraduate population, 497 students benefited from grants or scholarships totaling $10.3 million. Additionally, 313 students secured federal student loans amounting to $2.3 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Brescia University 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 43 43% $262,838 $6,113
State / local grant or scholarship 49 49% $339,133 $6,921
Institutional grants or scholarships 97 98% $2 million $20,900
Grant or scholarship aid total 99 100% $2.6 million $26,558
Federal student loans 47 47% $271,133 $5,769
Other student loans 0 0% $0 $0
Student loan aid 47 47% $271,133 $5,769
Total student aid 99 100% $2.9 million $29,297

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



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