Cost of college increased for all Lamar Community College students during 2022-23 school year

Dr. Rosana Reyes President of the Lamar Community College
Dr. Rosana Reyes President of the Lamar Community College
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Tuition for Colorado residents attending Lamar Community College rose by 2% during the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

This year, in-state students paid $4,216 to attend the two-year public college, an $83 increase from the $4,133 charged in the 2021-22 academic year.

Non-resident students faced a tuition rate 59.4% higher than that of residents, paying $6,720 in 2022-23. This amount reflects a 2% increase from $6,589 in the previous year.

Approximately 71% of the undergraduate student body at Lamar Community College are Colorado residents, while about 29% come from other states.

Data indicates that 93% of full-time undergraduates who began studies at Lamar in 2022-23 received some form of financial aid. Among them, 135 students were awarded grants or scholarships totaling $1.1 million, and 31 students obtained loans exceeding $179,953.

Across all undergraduate students, 329 received grants or scholarships amounting to $2.8 million. Additionally, 77 students borrowed a total of $404,213 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 Lamar Community 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 90 59% $506,864 $5,632
State / local grant or scholarship 67 44% $214,500 $3,201
Institutional grants or scholarships 100 66% $390,816 $3,908
Grant or scholarship aid total 135 89% $1.1 million $8,238
Federal student loans 28 18% $140,993 $5,035
Other student loans 5 3% $38,960 $7,792
Student loan aid 31 20% $179,953 $5,805
Total student aid 142 93% $1.3 million $9,099

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



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