The Spartan College of Aeronautics and Technology reported a 7.3% tuition increase for the 2022-23 school year, based on recently released figures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit college paid $19,591 this year, which is $1,340 higher than the $18,251 tuition charged during the 2021-22 academic year.
Approximately 52% of the undergraduate student body at the institution are residents of Oklahoma. Students from other states make up about 45%, while international students account for 3%.
Data indicates that 71% of full-time undergraduates who began studies at Spartan College of Aeronautics and Technology in 2022-23 received some form of student financial aid. Among them, 47 students were awarded grants or scholarships totaling $384,723, and 57 students obtained student loans exceeding $877,636.
Across all undergraduate students, 122 received grants or scholarships amounting to $809,947. Additionally, 105 students borrowed a combined total of $1.2 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 35 | 28% | $296,926 | $8,484 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 12 | 9% | $87,797 | $7,316 |
| Grant or scholarship aid total | 47 | 37% | $384,723 | $8,186 |
| Federal student loans | 55 | 43% | $659,738 | $11,995 |
| Other student loans | 11 | 9% | $217,898 | $19,809 |
| Student loan aid | 57 | 45% | $877,636 | $15,397 |
| Total student aid | 90 | 71% | $1.3 million | $14,026 |
