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Galesburg Reporter

Sunday, November 24, 2024

Cost of college went up for all students at Knox College

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Tuition and fees rose 3.9 percent for 2017-18 at Knox College, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $44,958 to attend the four-year private not-for-profit institution this year $1,673 more than the $43,285 charged for 2016-17.

Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 379 students received grants or scholarships totaling $11.12 million and 245 students took out student loans totaling more than $1.72 million.

Including all undergraduates, 1,352 students used grants or scholarships totaling $36.03 million. Another 873 took out $6.2 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~612
$40,497
$41,847
$43,285
$44,958
11%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Knox College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
139
36%
$666,771
$4,797
State / local grant or scholarship
97
25%
$443,678
$4,574
Institutional grants or scholarships
377
98%
$10,007,632
$26,545
Grant or scholarship aid total
379
98%
$11,118,081
$29,335
Federal student loans
244
63%
$1,569,883
$6,434
Other student loans
18
5%
$150,495
$8,361
Student loan aid
245
63%
$1,720,378
$7,022
Total student aid
380
98%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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