The Washburn Institute of Technology reported a 12.5% tuition hike for the 2022-23 school year, based on the most recent figures released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled this year paid $9,360 in tuition, which is $1,037 higher than the $8,323 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents of Kansas.
According to the data, 64% of full-time undergraduates who began studies at the Washburn Institute of Technology in 2022-23 received some form of financial aid. A total of 102 students were awarded grants or scholarships amounting to $511,215, while 27 students secured student loans exceeding $143,425.
Across all undergraduate students, 931 individuals received grants or scholarships totaling $4 million. Additionally, 134 students obtained federal student loans amounting to $820,494.
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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 67 | 37% | $312,945 | $4,671 |
| State / local grant or scholarship | 40 | 22% | $184,910 | $4,623 |
| Institutional grants or scholarships | 19 | 10% | $13,360 | $703 |
| Grant or scholarship aid total | 102 | 56% | $511,215 | $5,012 |
| Federal student loans | 27 | 15% | $134,925 | $4,997 |
| Other student loans | 0 | 1% | $0 | $0 |
| Student loan aid | 27 | 15% | $143,425 | $5,312 |
| Total student aid | 118 | 64% | $654,640 | $5,547 |
