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Saturday, December 21, 2024

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

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Jordan Boyd, Barber Instructor | LinkedIn

Jordan Boyd, Barber Instructor | LinkedIn

College tuition fees rose 0.9% in Sedgwick County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $13,862 on average to attend higher education courses at the time, $126 more than the previous school year.

Among the 10 institutions in the county, Newman University stood out with the highest tuition fees, reaching an average of $34,400. Friends University followed with an average of $31,812 per year. Wichita State University-Campus of Applied Sciences and Technology students were offered the lowest annual tuition fees at $5,724.

At the time, a total of $25.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Sedgwick County universities in the 2022-23 school year. Additionally, federal student loans reached $14.1 million.

Currently there are 10 higher education institutions in Sedgwick County, including Wichita Technical Institute, Newman University, and Paul Mitchell the School-Wichita.

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 Sedgwick 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
Crave Beauty Academy109$386,684$3,548188$1,210,275$6,438
Eric Fisher Academy49$368,442$7,51956$433,288$7,737
Wichita State University-Campus of Applied Sciences and Technology269$1,662,804$6,181139$850,222$6,117
Paul Mitchell the School-Wichita24$139,290$5,80430$261,000$8,700
Newman University171$4,290,648$25,09284$483,093$5,751
Friends University260$5,696,672$21,910162$1,291,416$7,972
WellSpring School of Allied Health-Wichita15$139,998$9,33315$137,730$9,182
Wichita Technical Institute393$2,072,950$5,275366$2,844,385$7,772
Old Town Barber College-Wichita48$244,109$5,08637$224,750$6,074
Wichita State University1,444$10,515,095$7,282738$6,353,626$8,609

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