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

President Dr. Curt Freed President
President Dr. Curt Freed President
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For the 2022-23 school year, in-state tuition at Morgan Community College rose by 2%, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Colorado residents paid $3,930 to attend the public four-year institution this year, an increase of $78 from the $3,852 charged during the 2021-22 school year.

Non-resident students faced tuition fees 296.4% higher than those for residents in 2022-23, amounting to $15,579. This represented a 2% increase from $15,274 in the previous academic year.

All undergraduate students enrolled at the college are residents of Colorado.

Data indicates that 91% of full-time undergraduates who began their studies at Morgan Community College in 2022-23 received some form of student financial aid. Among them, 67 students were awarded grants or scholarships totaling $421,122, while six students obtained student loans exceeding $19,263.

Across the entire undergraduate population, 455 students received grants or scholarships amounting to $3.7 million. Additionally, 110 students borrowed $444,642 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 Morgan 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 38 51% $221,907 $5,840
State / local grant or scholarship 47 64% $141,000 $3,000
Institutional grants or scholarships 25 34% $58,215 $2,329
Grant or scholarship aid total 67 91% $421,122 $6,285
Federal student loans 6 8% $19,263 $3,211
Other student loans 0 0% $0 $0
Student loan aid 6 8% $19,263 $3,211
Total student aid 67 91% $440,385 $6,572

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



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