Cost of education increases for all Pima Medical Institute-Denver students in 2022-23 school year

Chris Sorrells Senior Program Director
Chris Sorrells Senior Program Director
0Comments

According to the most recent disclosure, tuition at Pima Medical Institute-Denver rose by 3.2% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the two-year private for-profit institution paid $16,355 this year, an increase of $510 from the $15,845 charged during the 2021-22 academic year.

Approximately 99% of the undergraduate student body at the school are residents of Colorado, while about 1% come from other states.

Data indicates that all full-time undergraduates who began their studies at Pima Medical Institute-Denver in 2022-23 received some form of student financial aid. Specifically, 254 students were awarded grants or scholarships totaling $1.2 million, and 312 students obtained student loans exceeding $2.4 million.

Across the entire undergraduate population, 512 students benefited from grants or scholarships amounting to $2.4 million. Additionally, 607 students secured federal student loans totaling $5.1 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 Pima Medical Institute-Denver 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 251 71% $1.2 million $4,631
State / local grant or scholarship 8 2% $28,113 $3,514
Institutional grants or scholarships 0 1% $0 $0
Grant or scholarship aid total 254 71% $1.2 million $4,740
Federal student loans 306 86% $2.4 million $7,685
Other student loans 6 2% $78,212 $13,035
Student loan aid 312 88% $2.4 million $7,788
Total student aid 356 100% $3.6 million $10,207

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



Related

Jeni Gotto, Ed.D., Superintendent at Westminster Public Schools

Westminster Public Schools shares tips for CMAS testing season

Westminster Public Schools has provided tips for students and parents ahead of CMAS testing season. Recommendations include healthy routines, positive encouragement, and post-test celebrations. The advice is designed to reduce stress and support student success.

Jasmine Warga, New York Times Bestselling Author

Author Jasmine Warga visits Sherrelwood Elementary to inspire students

Bestselling author Jasmine Warga visited Sherrelwood Elementary Level 5 students on Apr. 7. She shared insights about storytelling, empowerment, and introduced her newest novel focused on friendship between animals.

Maureen Bangsund, Principal at Westminster High School

Westminster High School to host crime-solving event for middle school students in June

Westminster High School will offer a free crime-solving camp this June for incoming middle schoolers. Students can use aviation, biotech, and cyber skills during this three-day event focused on solving a fictional case.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Adams County Times.