Ronald L. Elsenbaumer, Chancellor | Purdue University Fort Wayne
Ronald L. Elsenbaumer, Chancellor | Purdue University Fort Wayne
Data shows that students paid $14,916 on average to attend higher education courses at the time, $228 more than the previous school year.
Among the eight institutions in the county, the University of Saint Francis-Fort Wayne stood out with the highest tuition fees, reaching an average of $34,050. Indiana Institute of Technology followed with an average of $29,560 per year. Trine University-Regional/Non-Traditional Campuses students were offered the lowest annual tuition fees at $9,576.
At the time, a total of $27.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Allen County universities in the 2022-23 school year. Additionally, federal student loans reached $9 million.
Currently there are eight higher education institutions in Allen County, including Indiana Institute of Technology, Rudae's School of Beauty Culture-Ft Wayne, and Ross Medical Education Center-Fort Wayne.
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.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Ross Medical Education Center-Fort Wayne | 55 | $266,888 | $4,853 | 67 | $690,013 | $10,299 |
Rudae's School of Beauty Culture-Ft Wayne | 34 | $165,368 | $4,864 | 37 | $315,194 | $8,519 |
Ravenscroft Beauty College | 21 | $81,172 | $3,865 | 24 | $139,661 | $5,819 |
University of Saint Francis-Fort Wayne | 356 | $8,702,158 | $24,444 | 220 | $1,557,251 | $7,078 |
Indiana Institute of Technology-College of Professional Studies | 129 | $724,139 | $5,613 | 106 | $573,574 | $5,411 |
Indiana Institute of Technology | 447 | $9,514,075 | $21,284 | 405 | $3,459,744 | $8,543 |
Purdue University Fort Wayne | 1,160 | $7,643,027 | $6,589 | 416 | $2,269,438 | $5,455 |
Trine University-Regional/Non-Traditional Campuses | 0 | $0 | $0 | 0 | $0 | $0 |
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