For the 2022-23 school year, tuition at MTI College rose by 4.7%, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $17,136 this year, which is $766 higher than the $16,370 charged for the 2021-22 academic year.
The entire undergraduate student body at the college consists of California residents.
Data indicates that half of the full-time undergraduates who began studies at MTI College in 2022-23 received some form of student financial aid. Specifically, 355 students were awarded grants or scholarships totaling $2.4 million, while 176 students obtained student loans amounting to more than $1.2 million.
Across all undergraduates, 799 students benefited from grants or scholarships totaling $5.3 million. Additionally, 514 students secured federal student loans totaling $3.8 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 272 | 36% | $1.4 million | $5,233 |
| State / local grant or scholarship | 35 | 5% | $100,045 | $2,858 |
| Institutional grants or scholarships | 177 | 23% | $836,819 | $4,728 |
| Grant or scholarship aid total | 355 | 46% | $2.4 million | $6,649 |
| Federal student loans | 176 | 23% | $1.2 million | $6,921 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 176 | 23% | $1.2 million | $6,921 |
| Total student aid | 384 | 50% | $3.6 million | $9,318 |
