Tuition fees at Alice Lloyd College saw a slight increase of 0.1% 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 four-year private, not-for-profit college paid $14,250 this year, which is $20 higher than the $14,230 charged during the 2021-22 academic year.
Approximately 75% of the undergraduate students at the institution are residents of Kentucky, while about 22% come from other states.
Data indicates that 98% of full-time undergraduates who began their studies at Alice Lloyd College in 2022-23 received some form of financial aid. Specifically, 182 students were awarded grants or scholarships totaling $2.2 million, and 95 students obtained student loans exceeding $392,518.
Among all undergraduates, 547 students benefited from grants or scholarships amounting to $7.2 million. Additionally, 283 students secured federal student loans totaling $1.4 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 112 | 60% | $598,130 | $5,340 |
| State / local grant or scholarship | 138 | 74% | $850,345 | $6,162 |
| Institutional grants or scholarships | 153 | 82% | $767,575 | $5,017 |
| Grant or scholarship aid total | 182 | 98% | $2.2 million | $12,176 |
| Federal student loans | 93 | 50% | $388,218 | $4,174 |
| Other student loans | 6 | 3% | $4,300 | $717 |
| Student loan aid | 95 | 51% | $392,518 | $4,132 |
| Total student aid | 182 | 98% | $2.6 million | $14,332 |
