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Tuesday, November 5, 2024

Cost of college went up for all students at Olivet College

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Tuition and fees rose 3.7 percent for 2018-19 at Olivet College, according to recent data from the U.S. Department of Education.

Michigan students paid $27,680 to attend the four-year private not-for-profit institution this year – $985 more than the $26,695 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, 321 students received grants or scholarships totaling $5.8 million and 281 students took out student loans totaling more than $2.2 million.

Including all undergraduates (1,098), 1,038 students used grants or scholarships totaling $19.6 million, and 890 students took out $6.3 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~1,010$24,816$25,560$26,695$27,68011.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Olivet College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants17956%$878,943$4,910
State / local grant or scholarship22069%$418,607$1,903
Institutional grants or scholarships321100%$4,478,018$13,950
Grant or scholarship aid total321100%$5,775,568$17,992
Federal student loans27987%$1,755,887$6,294
Other student loans5517%$419,578$7,629
Student loan aid28188%$2,175,465$7,742
Total student aid321100%--

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