Saturday, August 18, 2018

Saturday, August 18, 2018

Cost of college went up for all students at North Central University

Tuition and fees rose 5.6 percent for 2017-18 at North Central University, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 5.6 percent for 2017-18 at North Central University, according to the latest disclosure from the U.S. Department of Education.

Minnesota students paid $23,480 to attend the four-year private not-for-profit institution this year $1,240 more than the $22,240 charged for 2016-17.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 217 students received grants or scholarships totaling $2.92 million and 171 students took out student loans totaling more than $1.22 million.

Including all undergraduates, 985 students used grants or scholarships totaling $11.62 million. Another 797 took out $5.46 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~589
$20,776
$21,586
$22,240
$23,480
13%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the North Central University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
87
40%
$367,628
$4,226
State / local grant or scholarship
71
32%
$339,577
$4,783
Institutional grants or scholarships
217
99%
$2,213,927
$10,202
Grant or scholarship aid total
217
99%
$2,921,132
$13,461
Federal student loans
169
77%
$965,229
$5,711
Other student loans
32
15%
$256,058
$8,002
Student loan aid
171
78%
$1,221,287
$7,142
Total student aid
217
99%

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