Northern Technical College maintained its tuition fees for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $17,995 in tuition for both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the college consists of residents from Arkansas.
Records indicate that all full-time undergraduates who began their studies at Northern Technical College in 2022-23 received some form of student financial aid. Sixteen students were awarded grants or scholarships totaling $102,499, while 14 students secured student loans exceeding $150,374.
Across the entire undergraduate population, 47 students benefited from grants or scholarships amounting to $290,817. Additionally, 36 students obtained federal student loans totaling $352,055.
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 | 16 | 100% | $102,499 | $6,406 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 16 | 100% | $102,499 | $6,406 |
| Federal student loans | 14 | 88% | $150,374 | $10,741 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 14 | 88% | $150,374 | $10,741 |
| Total student aid | 16 | 100% | $252,873 | $15,804 |
