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Friday, September 27, 2024

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

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Monsignor James Patrick Shea, President | University of Mary

Monsignor James Patrick Shea, President | University of Mary

College tuition fees rose 4% in Burleigh County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $11,099 on average to attend higher education courses at the time, $426 more than the previous school year.

Among the four institutions in the county, the University of Mary stood out with the highest tuition fees, reaching an average of $21,062. The The Hair Academy followed with an average of $14,120 per year. United Tribes Technical College students were offered the lowest annual tuition fees at $4,252.

At the time, a total of $9.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Burleigh County universities in the 2022-23 school year. Additionally, federal student loans reached $4.1 million.

Currently there are four higher education institutions in Burleigh County, including Bismarck State College, United Tribes Technical College, and The Hair Academy.

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.

Total Student Aid in Burleigh 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
The Hair Academy8$41,810$5,22613$160,390$12,338
University of Mary457$6,244,243$13,664251$1,903,703$7,584
United Tribes Technical College117$1,162,251$9,9340$0$0
Bismarck State College523$2,286,525$4,372319$2,075,258$6,506

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