Mary Matsutani, M.Ed., Campus President at IBMC College | LinkedIn
Mary Matsutani, M.Ed., Campus President at IBMC College | LinkedIn
Data shows that students paid $20,801 on average to attend higher education courses at the time, $839 more than the previous school year.
Among the four institutions in the county, Colorado State University-Fort Collins stood out with the highest tuition fees, reaching an average of $20,898. The Tuana European Beauty Academy followed with an average of $17,995 per year. IBMC College students were offered the lowest annual tuition fees at $14,960.
At the time, a total of $40.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Larimer County universities in the 2022-23 school year. Additionally, federal student loans reached $19.6 million.
Currently there are four higher education institutions in Larimer County, including IBMC College, Tuana European Beauty Academy, and Colorado State University-Fort Collins.
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 |
|---|---|---|---|---|---|---|
| Colorado State University-Fort Collins | 3,801 | $40,114,609 | $10,554 | 2,022 | $18,561,732 | $9,180 |
| Cheeks Beauty Academy | 28 | $144,725 | $5,169 | 23 | $143,175 | $6,225 |
| IBMC College | 151 | $447,816 | $2,966 | 124 | $887,096 | $7,154 |
| Tuana European Beauty Academy | 6 | $31,028 | $5,171 | 7 | $44,250 | $6,321 |
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