Allegheny College reported a 2.1% tuition increase for the 2022-23 academic year, based on the latest information released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, four-year, not-for-profit Allegheny College paid $53,610 this year, which is $1,080 higher than the $52,530 charged in the 2021-22 academic year.
Approximately 51% of the undergraduate student body at Allegheny College are residents of Pennsylvania, while about 48% come from other states.
Data indicates that every full-time undergraduate who began studies at Allegheny College in the 2022-23 academic year received some form of financial aid. Specifically, 289 students were awarded grants or scholarships totaling $12.3 million, and 230 students obtained student loans exceeding $1.7 million.
Across the entire undergraduate population, 1,321 students received grants or scholarships amounting to $56 million. Additionally, 963 students secured federal student loans totaling $6.2 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 Allegheny 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 | 91 | 31% | $737,910 | $8,109 |
| State / local grant or scholarship | 64 | 22% | $289,456 | $4,523 |
| Institutional grants or scholarships | 281 | 97% | $11.3 million | $40,241 |
| Grant or scholarship aid total | 289 | 100% | $12.3 million | $42,682 |
| Federal student loans | 227 | 79% | $1.1 million | $5,029 |
| Other student loans | 41 | 14% | $577,730 | $14,091 |
| Student loan aid | 230 | 80% | $1.7 million | $7,475 |
| Total student aid | 289 | 100% | $14.1 million | $48,631 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
