According to the latest figures, tuition at Intellitec College-Grand Junction rose by 11.9% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $22,509 this year, an increase of $2,395 from the $20,114 charged during the 2021-22 academic year.
Approximately 77% of the undergraduate student body at the college are residents of Colorado, while about 23% come from other states.
Data indicates that 88% of full-time undergraduates who began studies at Intellitec College-Grand Junction in 2022-23 received some form of student financial aid. A total of 638 students were awarded grants or scholarships amounting to $3.1 million, and 648 students borrowed over $5.2 million in student loans.
Across all undergraduate students, 1,242 individuals benefited from grants or scholarships totaling $5.8 million. An equal number of students took out federal student loans totaling $8 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 Intellitec College-Grand Junction 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 | 626 | 73% | $2.9 million | $4,706 |
| State / local grant or scholarship | 50 | 6% | $122,126 | $2,443 |
| Institutional grants or scholarships | 38 | 4% | $38,277 | $1,007 |
| Grant or scholarship aid total | 638 | 75% | $3.1 million | $4,869 |
| Federal student loans | 632 | 74% | $4.2 million | $6,594 |
| Other student loans | 157 | 18% | $1.1 million | $6,696 |
| Student loan aid | 648 | 76% | $5.2 million | $8,053 |
| Total student aid | 754 | 88% | $8.3 million | $11,040 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
