The cost of in-state tuition at Pikes Peak State College rose by 2.1% for the 2022-23 school year, based on the most recent figures available, according to the latest disclosure from the National Center for Education Statistics.
Colorado residents paid $4,065 to attend the public four-year institution this year, which is an $84 increase from the $3,981 tuition charged during the 2021-22 academic year.
Non-resident students faced tuition fees that were 286.6% higher than those for residents in 2022-23, amounting to $15,714. This represents a 2% increase from the $15,403 charged in the previous school year.
Approximately 97% of the undergraduate student body at Pikes Peak State College are Colorado residents, while about 2% come from other states.
Data indicates that 88% of full-time undergraduates who enrolled at Pikes Peak State College in 2022-23 received some form of student financial aid. A total of 839 students were awarded grants or scholarships totaling $5.4 million, and 146 students obtained student loans exceeding $581,433.
Across the entire undergraduate population, 6,603 students received grants or scholarships amounting to $42.4 million. Additionally, 1,731 students borrowed $6.8 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.
The following data includes only full-time students who began an undergraduate program at the Pikes Peak State 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 | 829 | 85% | $3.6 million | $4,329 |
| State / local grant or scholarship | 454 | 46% | $1.8 million | $4,000 |
| Institutional grants or scholarships | 13 | 1% | $41,194 | $3,169 |
| Grant or scholarship aid total | 839 | 86% | $5.4 million | $6,491 |
| Federal student loans | 141 | 14% | $527,473 | $3,741 |
| Other student loans | 8 | 1% | $53,960 | $6,745 |
| Student loan aid | 146 | 15% | $581,433 | $3,982 |
| Total student aid | 856 | 88% | $6 million | $7,041 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
