Cost of education increases for all students at Big Sandy Community and Technical College in 2022-23 school year

Dr. William Scott Rule, Ph.D. President - Big Sandy Community and Technical College
Dr. William Scott Rule, Ph.D. President - Big Sandy Community and Technical College
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Tuition for in-state students at Big Sandy Community and Technical College rose by 1.6% for the 2022-23 school year, based on the latest figures released, according to the latest disclosure from the National Center for Education Statistics.

Kentucky residents paid $4,560 to attend the two-year public college this year, an increase of $72 from the $4,488 charged during the 2021-22 academic year.

Non-resident students faced tuition fees 239.5% higher than those for residents in 2022-23, amounting to $15,480. This represents a 1.6% increase from the $15,240 charged in 2021-22.

Approximately 99% of the undergraduate student body at the school are Kentucky residents, with the remaining 1% coming from other states.

Data indicates that 99% of full-time undergraduates who began studies at Big Sandy Community and Technical College in 2022-23 received some form of student financial aid. A total of 321 students were awarded grants or scholarships amounting to $2.5 million, while 45 students obtained student loans exceeding $206,567.

Among all undergraduates, 1,559 students utilized grants or scholarships totaling $9.7 million. Additionally, 443 students borrowed $2.5 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Big Sandy Community and Technical College 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 grants31296%$1.5 million$4,654
State / local grant or scholarship30995%$901,278$2,917
Institutional grants or scholarships7724%$195,952$2,545
Grant or scholarship aid total32199%$2.5 million$7,942
Federal student loans4514%$206,567$4,590
Other student loans00%$0$0
Student loan aid4514%$206,567$4,590
Total student aid32299%$2.8 million$8,558
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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