Tuition for Washington residents attending Skagit Valley College rose by 7.1% during the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Washington residents paid $4,747 to attend the public four-year institution this year, an increase of $316 from the $4,431 charged in the 2021-22 academic year.
Non-resident students faced tuition costs 66.2% higher than those for residents in 2022-23, amounting to $7,888. This represents a 5.1% increase from $7,507 in the previous academic year.
Approximately 95% of the undergraduate student body at the college are Washington state residents, while about 3% come from other states.
Data indicates that 58% of full-time undergraduates who enrolled at Skagit Valley College in 2022-23 received some form of student financial aid. A total of 294 students were awarded grants or scholarships amounting to $2 million, and 35 students borrowed over $209,665 in student loans.
Across the entire undergraduate population, 1,340 students benefited from grants or scholarships totaling $9.8 million. Additionally, 225 students took out federal student loans totaling $1.3 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 Skagit Valley 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 | 201 | 34% | $961,815 | $4,785 |
| State / local grant or scholarship | 239 | 40% | $916,054 | $3,833 |
| Institutional grants or scholarships | 80 | 13% | $136,935 | $1,712 |
| Grant or scholarship aid total | 294 | 49% | $2 million | $6,853 |
| Federal student loans | 33 | 6% | $173,331 | $5,252 |
| Other student loans | 5 | 1% | $36,334 | $7,267 |
| Student loan aid | 35 | 6% | $209,665 | $5,990 |
| Total student aid | 344 | 58% | $2.2 million | $6,466 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
