According to the latest figures, tuition at Colby-Sawyer College rose by 2% for the 2022-23 academic year, according to the latest disclosure from the National Center for Education Statistics.
Students paid $47,164 to attend the four-year private nonprofit institution this year, an increase of $910 from the $46,254 charged during the 2021-22 academic year.
Approximately 44% of the undergraduate student body at the college are residents of New Hampshire, while around 48% come from other states.
Data indicates that all full-time undergraduates who enrolled at Colby-Sawyer College in the 2022-23 school year received some form of financial aid. A total of 183 students were awarded grants or scholarships amounting to $7.2 million, and 147 students took out loans exceeding $1.4 million.
Overall, 777 undergraduate students benefited from grants or scholarships totaling $28.2 million. Additionally, 594 students secured federal student loans totaling $4 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 Colby-Sawyer 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 | 46 | 25% | $272,319 | $5,920 |
| State / local grant or scholarship | 28 | 15% | $70,500 | $2,518 |
| Institutional grants or scholarships | 183 | 100% | $6.9 million | $37,454 |
| Grant or scholarship aid total | 183 | 100% | $7.2 million | $39,328 |
| Federal student loans | 147 | 80% | $773,195 | $5,260 |
| Other student loans | 41 | 22% | $629,056 | $15,343 |
| Student loan aid | 147 | 80% | $1.4 million | $9,539 |
| Total student aid | 183 | 100% | $8.6 million | $46,990 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
