The Interactive College of Technology-Chamblee saw a 4.1% tuition hike for the 2022-23 school year, as revealed in recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit college paid $11,090 this year, which is $440 more than the $10,650 tuition charged during the 2021-22 academic year.
The entire undergraduate student body at the institution consists of residents from Georgia.
Data indicates that 75% of full-time undergraduates who began studies at Interactive College of Technology-Chamblee in 2022-23 received some form of financial aid. Specifically, 103 students were awarded grants or scholarships totaling $650,922, while 90 students secured student loans amounting to over $621,536.
Across all undergraduates, 312 students benefited from grants or scholarships totaling $1.6 million. Additionally, 212 students borrowed a combined total of $1.1 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.
The following data includes only full-time students who began an undergraduate program at the Interactive College of Technology-Chamblee 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 | 103 | 75% | $650,922 | $6,320 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 103 | 75% | $650,922 | $6,320 |
| Federal student loans | 79 | 58% | $506,318 | $6,409 |
| Other student loans | 11 | 8% | $115,218 | $10,474 |
| Student loan aid | 90 | 66% | $621,536 | $6,906 |
| Total student aid | 103 | 75% | $1.3 million | $12,353 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
