Cost of attending Neumont College of Computer Science increases for every student in 2022-23 school year

Aaron Reed President and CEO
Aaron Reed President and CEO
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For the 2022-23 school year, tuition at Neumont College of Computer Science rose by 2%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Students paid $26,505 to attend the private, for-profit four-year institution this year, which is $510 higher than the $25,995 charged during the 2021-22 academic year.

Approximately 23% of the undergraduate students at the college are residents of Utah, while about 76% come from other states.

Data indicates that 99% of full-time undergraduates who enrolled at Neumont College of Computer Science in 2022-23 received some form of student financial aid. Specifically, 187 students were awarded grants or scholarships totaling $1.9 million, and 173 students obtained student loans exceeding $1.3 million.

Among all undergraduates, 500 students benefited from grants or scholarships amounting to $5.7 million. Additionally, 463 students borrowed $2.5 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 Neumont College of Computer Science 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 106 54% $608,072 $5,737
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 187 95% $1.3 million $7,090
Grant or scholarship aid total 187 95% $1.9 million $10,341
Federal student loans 173 88% $889,256 $5,140
Other student loans 21 11% $380,345 $18,112
Student loan aid 173 88% $1.3 million $7,339
Total student aid 196 99% $3.2 million $16,344

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



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