Cost increased for all Colorado Technical University-Colorado Springs students during 2022-23 school year

Elise Baskel President
Elise Baskel President
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The cost of tuition at Colorado Technical University-Colorado Springs rose by 0.9% for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private for-profit university paid $12,696 this year, which is $115 more than the $12,581 charged during the 2021-22 academic year.

Approximately 6% of the undergraduate student body at the institution are residents of Colorado, while about 94% come from other states.

Data indicates that 95% of full-time undergraduates who began their studies at Colorado Technical University-Colorado Springs in 2022-23 received some form of student financial aid. In total, 580 students were awarded grants or scholarships amounting to $4 million, and 538 students obtained student loans exceeding $3.6 million.

Across all undergraduate students, 19,729 individuals received grants or scholarships totaling $112 million. Additionally, 15,832 students borrowed $127.8 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Colorado Technical University-Colorado Springs 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 548 89% $3.7 million $6,705
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 120 19% $356,636 $2,972
Grant or scholarship aid total 580 94% $4 million $6,956
Federal student loans 538 87% $3.6 million $6,753
Other student loans 0 0% $0 $0
Student loan aid 538 87% $3.6 million $6,753
Total student aid 589 95% $7.7 million $13,018

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



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