Cost of college at Oklahoma State University Institute of Technology remained flat for all students in 2022-23

Chris Benge, Interim Vice President of Operations - Oklahoma State University Institute of Technology
Chris Benge, Interim Vice President of Operations - Oklahoma State University Institute of Technology
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Tuition for in-state students at the Oklahoma State University Institute of Technology remained steady during the 2022-23 school year, based on the latest figures released, according to the latest disclosure from the National Center for Education Statistics.

Oklahoma residents paid $5,774 to attend the public four-year institution in both the 2021-22 and 2022-23 academic years.

Non-resident students faced tuition fees that were 97.2% higher than those for residents, amounting to $11,384 for the 2022-23 academic year. This rate remained unchanged from the previous year.

Approximately 88% of the undergraduate student body at the school are Oklahoma residents, while about 11% come from other states.

Data indicates that 99% of full-time undergraduates who began their studies at the Oklahoma State University Institute of Technology in 2022-23 received some form of student financial aid. In total, 582 students were awarded grants or scholarships amounting to $3.8 million, and 387 students borrowed over $2.1 million in student loans.

Across all undergraduates, 1,691 students benefited from grants or scholarships totaling $10.8 million. Additionally, 1,105 students took out federal student loans that collectively exceeded $5.9 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the the Oklahoma State University Institute of Technology 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 326 55% $1.8 million $5,634
State / local grant or scholarship 135 23% $594,000 $4,400
Institutional grants or scholarships 565 95% $1.3 million $2,344
Grant or scholarship aid total 582 98% $3.8 million $6,452
Federal student loans 382 65% $1.8 million $4,594
Other student loans 25 4% $335,416 $13,417
Student loan aid 387 65% $2.1 million $5,401
Total student aid 585 99% $5.8 million $9,991

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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