Cost of college decreased for all Naropa University students during 2022-23 school year

Charles G. Lief President
Charles G. Lief President
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According to the latest figures, tuition at Naropa University declined by 0.6% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students paid $34,600 to attend the four-year private nonprofit university during both the 2021-22 and 2022-23 academic years.

Approximately 40% of the undergraduate students at the university are residents of Colorado. Meanwhile, about 57% come from other U.S. states, and 3% are international students.

Data indicates that 93% of full-time undergraduates who enrolled at Naropa University in 2022-23 received some form of financial aid. Specifically, 26 students were awarded grants or scholarships totaling $550,764, while 16 students obtained student loans exceeding $113,065.

Among all undergraduates, 301 students received grants or scholarships amounting to $7.1 million. Additionally, 189 students borrowed $1.6 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 Naropa University 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 12 43% $71,040 $5,920
State / local grant or scholarship 0 7% $0 $0
Institutional grants or scholarships 26 93% $460,224 $17,701
Grant or scholarship aid total 26 93% $550,764 $21,183
Federal student loans 16 57% $98,065 $6,129
Other student loans 0 4% $0 $0
Student loan aid 16 57% $113,065 $7,067
Total student aid 26 93% $663,829 $25,531

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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