For the 2022-23 school year, tuition at Concordia University Ann Arbor rose by 3.6%, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $32,982 this year, which is $1,152 higher than the $31,830 charged during the 2021-22 academic year.
Approximately 72% of the undergraduate students at the university are residents of Michigan, while around 26% come from other states.
Data indicates that 99% of full-time undergraduates who began their studies at Concordia University Ann Arbor in 2022-23 received some form of student financial aid. A total of 222 students were awarded grants or scholarships amounting to $5 million, and 150 students obtained student loans exceeding $1.4 million.
Across the entire undergraduate population, 815 students received grants or scholarships totaling $16 million. Additionally, 525 students borrowed $3.3 million in federal student loans.
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 Concordia University Ann Arbor 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 | 69 | 31% | $354,403 | $5,136 |
| State / local grant or scholarship | 75 | 33% | $211,500 | $2,820 |
| Institutional grants or scholarships | 222 | 99% | $4.4 million | $19,905 |
| Grant or scholarship aid total | 222 | 99% | $5 million | $22,454 |
| Federal student loans | 148 | 66% | $777,426 | $5,253 |
| Other student loans | 41 | 18% | $632,442 | $15,425 |
| Student loan aid | 150 | 67% | $1.4 million | $9,399 |
| Total student aid | 222 | 99% | $6.4 million | $28,805 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
