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

Chancellor Philip P. DiStefano
Chancellor Philip P. DiStefano
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The University of Colorado Boulder reported a 4.9% rise in in-state tuition fees for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Colorado residents paid $13,106 to attend the public four-year university this year, marking an increase of $610 from the $12,496 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 207.9% higher than those for residents in 2022-23, amounting to $40,356. This represents a 5.3% increase from the $38,314 fee in the previous school year.

Approximately 53% of the undergraduate student body at the university are Colorado residents. Students from other states make up about 45%, while international students represent 2%.

Data indicates that 66% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. A total of 3,772 students were awarded grants or scholarships amounting to $40.9 million, and 2,135 students obtained loans exceeding $23 million.

Across the entire undergraduate population, 15,201 students received grants or scholarships totaling $177.7 million. Additionally, 7,561 students borrowed $47 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 Colorado Boulder 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 1,087 15% $6.1 million $5,645
State / local grant or scholarship 839 12% $3.3 million $3,918
Institutional grants or scholarships 3,749 53% $31.5 million $8,391
Grant or scholarship aid total 3,772 54% $40.9 million $10,838
Federal student loans 2,024 29% $10.3 million $5,101
Other student loans 467 7% $12.7 million $27,144
Student loan aid 2,135 30% $23 million $10,773
Total student aid 4,643 66% $63.9 million $13,758

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



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