For the 2022-23 academic year, tuition at Thiel College rose by 2.8%, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $35,450 this year, which is $980 higher than the $34,470 charged during the 2021-22 academic year.
Approximately 66% of Thiel College’s undergraduate students are residents of Pennsylvania, while about 33% come from other states.
Data indicates that all full-time undergraduates who began their studies at Thiel College in 2022-23 received some form of financial aid. Specifically, 228 students were awarded grants or scholarships totaling $6.5 million, and 200 students borrowed over $1.8 million in student loans.
Among the entire undergraduate population, 776 students received grants or scholarships amounting to $20.9 million. Additionally, 631 students took out federal student loans totaling $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.
The following data includes only full-time students who began an undergraduate program at the Thiel College 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 | 102 | 45% | $579,435 | $5,681 |
| State / local grant or scholarship | 106 | 46% | $386,846 | $3,649 |
| Institutional grants or scholarships | 228 | 100% | $5.6 million | $24,367 |
| Grant or scholarship aid total | 228 | 100% | $6.5 million | $28,605 |
| Federal student loans | 198 | 87% | $1.1 million | $5,482 |
| Other student loans | 53 | 23% | $756,916 | $14,281 |
| Student loan aid | 200 | 88% | $1.8 million | $9,212 |
| Total student aid | 228 | 100% | $8.4 million | $36,685 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
