Cost of college decreased for all students at American National University-Pikeville in 2022-23 school year

Frank Longaker, President, Chief Executive Officer - American National University-Pikeville
Frank Longaker, President, Chief Executive Officer - American National University-Pikeville
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For the 2022-23 school year, tuition at American National University-Pikeville declined by 0.4%, based on the most recent figures released, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private for-profit institution paid $10,314 this year, which is $40 less than the $10,354 charged during the 2021-22 academic year.

Approximately 40% of the undergraduate student body at the school are residents of Kentucky, while the remaining 60% come from other states.

Records indicate that all full-time undergraduates who began studies at American National University-Pikeville in 2022-23 received some form of student financial aid. Specifically, 10 students were awarded grants or scholarships totaling $69,040, and 10 students secured student loans exceeding $45,062.

Among all undergraduates, 201 students benefited from grants or scholarships amounting to $980,105. Additionally, 198 students obtained federal student loans totaling $743,827.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the American National University-Pikeville in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants1077%$54,328$5,433
State / local grant or scholarship538%$14,712$2,942
Institutional grants or scholarships00%$0$0
Grant or scholarship aid total1077%$69,040$6,904
Federal student loans1077%$45,062$4,506
Other student loans00%$0$0
Student loan aid1077%$45,062$4,506
Total student aid13100%$114,102$8,777
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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