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Saturday, September 21, 2024

Cost of college went up for all students at LDS Business College

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Tuition and fees rose 3 percent for 2018-19 at LDS Business College, according to recent data from the U.S. Department of Education.

Utah students paid $3,440 to attend the two-year private not-for-profit institution this year – $100 more than the $3,340 charged for 2017-18.

Data shows 70 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 252 students received grants or scholarships totaling $775,599 and 51 students took out student loans totaling more than $168,220.

Including all undergraduates (1,996), 1,236 students used grants or scholarships totaling $4.3 million, and 248 students took out $923,602 in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~1,098$3,160$3,240$3,340$3,4408.9%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at LDS Business College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants8222%$509,146$6,209
State / local grant or scholarship-1%--
Institutional grants or scholarships20754%$265,061$1,280
Grant or scholarship aid total25266%$775,599$3,078
Federal student loans5113%$160,862$3,154
Other student loans-0%--
Student loan aid5113%$168,220$3,298
Total student aid26670%--

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