Cost of college went up for all students at St Olaf College

Tuition and fees rose 4.1 percent for 2017-18 at St Olaf College, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 4.1 percent for 2017-18 at St Olaf College, according to the latest disclosure from the U.S. Department of Education.

Minnesota students paid $46,000 to attend the four-year private not-for-profit institution this year $1,820 more than the $44,180 charged for 2016-17.

Data shows 94 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 702 students received grants or scholarships totaling $19.2 million and 391 students took out student loans totaling more than $2.72 million.

Including all undergraduates, 2,734 students used grants or scholarships totaling $72.94 million. Another 1,513 took out $9.47 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
~1,277
$41,700
$42,940
$44,180
$46,000
10.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the St Olaf College 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
131
17%
$724,915
$5,534
State / local grant or scholarship
88
12%
$434,371
$4,936
Institutional grants or scholarships
702
92%
$18,037,588
$25,695
Grant or scholarship aid total
702
92%
$19,196,874
$27,346
Federal student loans
389
51%
$1,872,469
$4,814
Other student loans
78
10%
$842,711
$10,804
Student loan aid
391
51%
$2,715,180
$6,944
Total student aid
717
94%

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