For the 2022-23 academic year, tuition at the University of Advancing Technology declined by 0.9%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit university paid $18,794 this year, a reduction of $172 from the $18,966 charged during the 2021-22 academic year.
Approximately 38% of the undergraduate student body at the university are residents of Arizona, while the remaining 62% come from other states.
Data indicates that 98% of full-time undergraduates who began studies at the University of Advancing Technology in 2022-23 received some form of student financial aid. Among them, 99 students were awarded grants or scholarships totaling $1 million, and 83 students secured student loans amounting to more than $979,416.
Across all undergraduate students, 631 individuals received grants or scholarships totaling $4.7 million. Additionally, 610 students obtained federal student loans totaling $4.7 million.
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.
The following data includes only full-time students who began an undergraduate program at the the University of Advancing Technology 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 | 51 | 50% | $309,274 | $6,064 |
| State / local grant or scholarship | 0 | 4% | $0 | $0 |
| Institutional grants or scholarships | 96 | 93% | $705,000 | $7,344 |
| Grant or scholarship aid total | 99 | 96% | $1 million | $10,332 |
| Federal student loans | 83 | 81% | $524,322 | $6,317 |
| Other student loans | 26 | 25% | $455,094 | $17,504 |
| Student loan aid | 83 | 81% | $979,416 | $11,800 |
| Total student aid | 101 | 98% | $2 million | $19,824 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
