Tuition for in-state students at Great Basin College rose by 5% during the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Nevada residents paid $3,773 to attend the four-year public college this year, an increase of $180 from the $3,593 charged in the 2021-22 academic year.
Non-resident students were charged 245.5% more than in-state students in 2022-23, with tuition totaling $13,037. This represents a 1.8% increase from the $12,809 fee in 2021-22.
Approximately 90% of the undergraduate student body at the college are Nevada residents, while around 9% come from other states.
Data indicates that 65% of full-time undergraduates who began studies at Great Basin College in 2022-23 received some form of financial aid. Specifically, 75 students were awarded grants or scholarships amounting to $382,181, and eight students obtained loans exceeding $54,649.
Among all undergraduates, 1,008 students benefited from grants or scholarships totaling $2.9 million. Additionally, 159 students borrowed $1.2 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 46 | 40% | $213,587 | $4,643 |
| State / local grant or scholarship | 61 | 53% | $151,093 | $2,477 |
| Institutional grants or scholarships | 9 | 8% | $17,501 | $1,945 |
| Grant or scholarship aid total | 75 | 65% | $382,181 | $5,096 |
| Federal student loans | 7 | 6% | $42,743 | $6,106 |
| Other student loans | 0 | 1% | $0 | $0 |
| Student loan aid | 8 | 7% | $54,649 | $6,831 |
| Total student aid | 75 | 65% | $436,830 | $5,824 |
