The cost of tuition at Perry Technical Institute rose by 6.3% for the 2022-23 school year, based on recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private nonprofit institution paid $47,664 this year, which is $2,844 higher than the $44,820 charged during the 2021-22 academic year.
Approximately 98% of the undergraduate student body at the school are residents of Washington, while about 1% come from other states.
Data indicates that 96% of full-time undergraduates who began their studies at Perry Technical Institute in 2022-23 received some form of financial aid. In total, 424 students were awarded grants or scholarships amounting to $3.3 million, and 445 students obtained student loans exceeding $2.5 million.
Across all undergraduate students, 1,036 individuals received grants or scholarships totaling $11.3 million. Additionally, 966 students borrowed $4.9 million in federal student loans.
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 the Perry Technical Institute 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 | 314 | 62% | $1.5 million | $4,825 |
| State / local grant or scholarship | 421 | 84% | $1.8 million | $4,332 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 424 | 84% | $3.3 million | $7,875 |
| Federal student loans | 434 | 86% | $1.8 million | $4,200 |
| Other student loans | 68 | 14% | $707,006 | $10,397 |
| Student loan aid | 445 | 88% | $2.5 million | $5,685 |
| Total student aid | 481 | 96% | $5.9 million | $12,201 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
