Cost of college increased for all Southwest Technical College students during 2022-23 school year

Brennan Wood President
Brennan Wood President
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Tuition at Southwest Technical College rose by 3.3% for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students paid $1,903 to attend the public institution this year, an increase of $60 from the $1,843 tuition charged during the 2021-22 school year.

Approximately 97% of the college’s undergraduate students are residents of Utah, while about 3% come from other states.

Data indicates that 70% of full-time undergraduates who enrolled at Southwest Technical College in the 2022-23 school year received some form of student financial aid. A total of 46 students were awarded grants or scholarships amounting to $153,561.

Across all undergraduate students, 377 individuals received grants or scholarships totaling $1.3 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Southwest Technical College 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 25 38% $86,424 $3,457
State / local grant or scholarship 21 32% $66,481 $3,166
Institutional grants or scholarships 0 3% $0 $0
Grant or scholarship aid total 46 70% $153,561 $3,338
Federal student loans 0 0% $0 $0
Other student loans 0 0% $0 $0
Student loan aid 0 0% $0 $0
Total student aid 46 70% $153,561 $3,338

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



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