For the 2022-23 academic year, tuition at Colgate University rose by 3.8%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private, not-for-profit institution paid $64,290 this year, an increase of $2,324 from the $61,966 charged during the 2021-22 academic year.
Approximately 19% of the undergraduate student body are New York residents, while about 71% come from other states. International students make up around 10% of the population.
Data indicates that half of the full-time undergraduates who began studies at Colgate University in 2022-23 received some form of student financial aid. Specifically, 350 students obtained grants or scholarships totaling $19.8 million, and 122 students borrowed over $1.2 million in student loans.
Among all undergraduates, 1,453 students benefited from grants or scholarships amounting to $80.4 million. Additionally, 381 students secured $2 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 Colgate 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 | 99 | 12% | $637,164 | $6,436 |
| State / local grant or scholarship | 46 | 6% | $118,059 | $2,567 |
| Institutional grants or scholarships | 347 | 43% | $19.1 million | $55,010 |
| Grant or scholarship aid total | 350 | 43% | $19.8 million | $56,696 |
| Federal student loans | 104 | 13% | $486,059 | $4,674 |
| Other student loans | 29 | 4% | $710,356 | $24,495 |
| Student loan aid | 122 | 15% | $1.2 million | $9,807 |
| Total student aid | 406 | 50% | $21 million | $51,822 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
