Tuition for Kentucky residents attending Owensboro Community and Technical College rose by 1.6% for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
For the 2022-23 academic year, Kentucky residents paid $4,560 to attend the two-year public college, an increase of $72 from the $4,488 charged during the 2021-22 school year.
Non-resident students faced tuition costs 239.5% higher than those for residents, amounting to $15,480 in 2022-23. This represents a 1.6% increase from the $15,240 tuition charged in the previous year.
Approximately 96% of the undergraduate student body at Owensboro Community and Technical College are Kentucky residents, while about 4% come from other states.
Data indicates that 98% of full-time undergraduates who enrolled in the 2022-23 academic year received some form of student financial aid. A total of 471 students were awarded grants or scholarships amounting to $3 million, and 50 students obtained student loans totaling over $254,959.
Across all undergraduate students, 2,211 received grants or scholarships totaling $11.2 million. Additionally, 454 students took out federal student loans amounting to $2.4 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 Owensboro Community and Technical 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 | 285 | 59% | $1.5 million | $5,197 |
| State / local grant or scholarship | 442 | 92% | $1.3 million | $2,960 |
| Institutional grants or scholarships | 113 | 23% | $231,074 | $2,045 |
| Grant or scholarship aid total | 471 | 98% | $3 million | $6,413 |
| Federal student loans | 50 | 10% | $254,959 | $5,099 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 50 | 10% | $254,959 | $5,099 |
| Total student aid | 474 | 98% | $3.3 million | $6,910 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
