The Commonwealth Technical Institute maintained its tuition rates for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private nonprofit college paid $7,664 for tuition during both the 2021-22 and 2022-23 academic years.
Approximately 97% of the undergraduate student body are residents of Pennsylvania, while the remaining 3% come from other states.
Financial aid was awarded to 62% of full-time undergraduates who began their studies at the Commonwealth Technical Institute in 2022-23. A total of 24 students received grants or scholarships amounting to $190,664.
Across the entire undergraduate population, 45 students benefited from grants or scholarships, with the total aid reaching $291,081.
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 the Commonwealth Technical Institute 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 | 24 | 62% | $180,878 | $7,537 |
| State / local grant or scholarship | 0 | 8% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 24 | 62% | $190,664 | $7,944 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 24 | 62% | $190,664 | $7,944 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
