Cost of education increases for all Thaddeus Stevens College of Technology students in 2022-23 school year

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According to recent disclosures, tuition at Thaddeus Stevens College of Technology rose by 0.6% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the two-year public college paid $8,450 this year, an increase of $50 from the $8,400 tuition charged during the 2021-22 academic year.

The entire undergraduate student body at the institution consists of residents of Pennsylvania.

Data indicates that 86% of full-time undergraduates who began their studies at Thaddeus Stevens College of Technology in 2022-23 received some form of student financial aid. Specifically, 288 students were awarded grants or scholarships totaling $3.2 million, while 392 students obtained student loans amounting to more than $2.2 million.

Across all undergraduate students, 729 individuals benefited from grants or scholarships totaling $7.3 million. Additionally, 827 students borrowed $4 million 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 Thaddeus Stevens College of Technology 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 251 45% $1.3 million $5,305
State / local grant or scholarship 210 38% $667,811 $3,180
Institutional grants or scholarships 247 45% $1.2 million $5,058
Grant or scholarship aid total 288 52% $3.2 million $11,280
Federal student loans 389 70% $1.7 million $4,399
Other student loans 48 9% $476,885 $9,935
Student loan aid 392 71% $2.2 million $5,582
Total student aid 478 86% $5.4 million $11,373

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



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