The Advanced Welding Institute did not change its tuition fees for the 2022-23 school year, as revealed in the most recent data disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $22,500 in tuition for both the 2021-22 and 2022-23 academic years.
Approximately 13% of the undergraduate students at the school are residents of Vermont, while the remaining 87% come from other states.
Data indicates that 81% of full-time undergraduates who began studies at the Advanced Welding Institute in 2022-23 received some form of financial aid. A total of 61 students were awarded grants or scholarships amounting to $696,171, and 51 students borrowed student loans exceeding $368,597.
Among all undergraduates, 83 students received grants or scholarships totaling $863,967. Additionally, 62 students obtained federal student loans totaling $305,894.
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.
The following data includes only full-time students who began an undergraduate program at the the Advanced Welding Institute 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 | 38 | 40% | $193,392 | $5,089 |
| State / local grant or scholarship | 50 | 53% | $502,779 | $10,056 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 61 | 65% | $696,171 | $11,413 |
| Federal student loans | 47 | 50% | $241,759 | $5,144 |
| Other student loans | 7 | 7% | $126,838 | $18,120 |
| Student loan aid | 51 | 54% | $368,597 | $7,227 |
| Total student aid | 76 | 81% | $1.1 million | $14,010 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
