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Louisville City Wire

Saturday, October 5, 2024

Cost of college went up for all students at Spalding University

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Tuition and fees rose 2.1 percent for 2018-19 at Spalding University, according to recent data from the U.S. Department of Education.

Kentucky students paid $24,500 to attend the four-year private not-for-profit institution this year – $500 more than the $24,000 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 155 students received grants or scholarships totaling $1.7 million and 112 students took out student loans totaling more than $563,522.

Including all undergraduates (1,758), 1,020 students used grants or scholarships totaling $21.1 million, and 749 students took out $3.7 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~1,389$24,000$24,388$24,000$24,5002.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Spalding University in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants9457%$479,672$5,103
State / local grant or scholarship12979%$614,733$4,765
Institutional grants or scholarships10665%$617,437$5,825
Grant or scholarship aid total15595%$1,711,842$11,044
Federal student loans11268%$476,185$4,252
Other student loans74%$87,337$12,477
Student loan aid11268%$563,522$5,031
Total student aid164100%--

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