Cost of education increases for all Providence Christian College students in 2022-23 school year

Dr. David E. Alexander Interim President
Dr. David E. Alexander Interim President - Providence Christian College
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According to the most recent figures, tuition at Providence Christian College rose by 1.5% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private, not-for-profit institution paid $33,884 this year, an increase of $488 from the $33,396 charged during the 2021-22 academic year.

Approximately 63% of the undergraduate student body at the college are residents of California, while about 34% come from other states.

Records indicate that every full-time undergraduate who began studies at Providence Christian College in 2022-23 received some form of student financial aid. Specifically, 39 students were awarded grants or scholarships totaling $1 million, and 29 students borrowed more than $192,482 in student loans.

Across the entire undergraduate population, 136 students benefited from grants or scholarships amounting to $3.5 million. Additionally, 85 students took out federal student loans totaling $574,300.

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 Providence Christian 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 20 51% $63,240 $3,162
State / local grant or scholarship 10 26% $81,191 $8,119
Institutional grants or scholarships 39 100% $868,891 $22,279
Grant or scholarship aid total 39 100% $1 million $25,983
Federal student loans 23 59% $121,000 $5,261
Other student loans 6 15% $71,482 $11,914
Student loan aid 29 74% $192,482 $6,637
Total student aid 39 100% $1.2 million $30,918

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



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