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Saturday, September 21, 2024

Cost of college went up for all students at the Oklahoma State University Institute of Technology

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In-state tuition and fees rose 5.7 percent for 2018-19 at the Oklahoma State University Institute of Technology, according to recent data from the U.S. Department of Education.

Oklahoma residents paid $5,550 to attend the four-year public institution this year – $300 more than the $5,250 charged for 2017-18.

Non-residents paid 101.1 percent more than residents this year, or $11,160. Their price tag grew 2.8 percent from $10,860 in 2017-18.

About 92 percent of the school's undergraduate population are Oklahoma residents. About 7 percent are residents of other states and 1 percent are citizens of other countries.

Data shows 96 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 646 students received grants or scholarships totaling $3.4 million and 403 students took out student loans totaling more than $2.4 million.

Including all undergraduates (2,401), 2,036 students used grants or scholarships totaling $11.7 million, and 1,177 students took out $7.3 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~2,209$4,860$5,100$5,250$5,55014.2%
Out-of-state~168$10,470$10,710$10,860$11,1606.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Oklahoma State University Institute of Technology in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants40158%$1,982,366$4,944
State / local grant or scholarship17025%$618,375$3,638
Institutional grants or scholarships59186%$838,901$1,419
Grant or scholarship aid total64694%$3,439,642$5,325
Federal student loans39958%$2,252,579$5,646
Other student loans193%$192,587$10,136
Student loan aid40359%$2,445,166$6,067
Total student aid65896%--

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