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Central Montana Times

Thursday, November 21, 2024

Students paid more for higher education in Cascade County in 2022-23 school year

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Father Oliver Doyle, President | University of Providence

Father Oliver Doyle, President | University of Providence

College tuition fees rose 3.1% in Cascade County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $11,924 on average to attend higher education courses at the time, $355 more than the previous school year.

Among the three institutions in the county, the University of Providence stood out with the highest tuition fees, reaching an average of $27,606. Montana Academy of Salons followed with an average of $17,200 per year. Great Falls College Montana State University students were offered the lowest annual tuition fees at $3,688.

At the time, a total of $2.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Cascade County universities in the 2022-23 school year. Additionally, federal student loans reached $1.1 million.

Currently there are three higher education institutions in Cascade County, including University of Providence, Montana Academy of Salons, and Great Falls College Montana State University.

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.

Total Student Aid in Cascade County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
University of Providence94$2,061,851$21,93558$467,366$8,058
Montana Academy of Salons45$229,765$5,10661$426,224$6,987
Great Falls College Montana State University73$430,382$5,89638$183,989$4,842

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