For the 2022-23 school year, tuition at Ross College-Hopkinsville rose by 1.9%, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $16,297 this year, which is $307 more than the $15,990 charged during the 2021-22 academic year.
Approximately 56% of the undergraduate students at the school are Kentucky residents, while about 44% come from other states.
Data indicates that all full-time undergraduates who began studies at Ross College-Hopkinsville in 2022-23 received some form of student financial aid. Specifically, 25 students were awarded grants or scholarships totaling $136,127, and 25 students obtained student loans exceeding $254,496.
Across the entire undergraduate population, 74 students benefited from grants or scholarships amounting to $602,018. Additionally, 77 students secured federal student loans totaling $643,339.
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 | 25 | 89% | $135,664 | $5,427 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 5 | 18% | $463 | $93 |
| Grant or scholarship aid total | 25 | 89% | $136,127 | $5,445 |
| Federal student loans | 24 | 86% | $160,524 | $6,689 |
| Other student loans | 13 | 46% | $93,972 | $7,229 |
| Student loan aid | 25 | 89% | $254,496 | $10,180 |
| Total student aid | 28 | 100% | $390,623 | $13,950 |
