Cost of education increases for all University of Northern Colorado students in 2022-23 school year

Robin D. Bailey Jr., CDC Chief Operating Officer
Robin D. Bailey Jr., CDC Chief Operating Officer
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The University of Northern Colorado reported a 6.2% rise in in-state tuition fees for the 2022-23 school year, based on the latest financial disclosure, according to the latest disclosure from the National Center for Education Statistics.

Colorado residents paid $11,332 to attend the public four-year university during this period, an increase of $424 from the $10,908 charged in the 2021-22 academic year.

Non-resident students faced tuition costs that were 118.2% higher than those for residents in 2022-23, amounting to $24,722. This represents a 3.8% increase from $23,828 in the previous year.

Approximately 82% of the undergraduate student body are Colorado residents, while 17% come from other states and 1% are international students.

Financial aid was received by 96% of full-time undergraduates who began studies in 2022-23 at the University of Northern Colorado. A total of 1,114 students were awarded grants or scholarships totaling $9.8 million, and 587 students secured student loans exceeding $3.9 million.

Across all undergraduate students, 5,252 individuals received grants or scholarships amounting to $47.4 million. Additionally, 2,670 students borrowed $18.2 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 the University of Northern Colorado 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 359 30% $2 million $5,535
State / local grant or scholarship 474 40% $2.3 million $4,837
Institutional grants or scholarships 966 82% $5.5 million $5,686
Grant or scholarship aid total 1,114 94% $9.8 million $8,773
Federal student loans 570 48% $3.1 million $5,450
Other student loans 58 5% $820,992 $14,155
Student loan aid 587 50% $3.9 million $6,691
Total student aid 1,137 96% $13.7 million $12,049

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



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