1. 2024 Affordability Report
- Author
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North Dakota University System, Brenda Zastoupil, and Jamie Wilke
- Abstract
College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources, among other factors. Strategically designed approaches to college affordability can better assist students in preparing for post-secondary education, accessing programs, and degree persistence. This report outlines key affordability factors within the North Dakota University System (NDUS) by focusing on student costs, net price, and availability of financial aid. This report includes regional comparisons, which include peer institutions from Arizona, Colorado, Idaho, Minnesota, Montana, Nevada, New Mexico, Oregon, South Dakota, Utah, Washington, and Wyoming. The comparison states include continental U.S. Western Interstate Commission for Higher Education (WICHE) states, plus contiguous states. This 2024 affordability report looks at the following numerical data for higher education in the state of North Dakota: (1) Tuition, Mandatory Fees, Housing and Food; (2) Cost of Attendance; (3) Net Price; (4) Financial Aid Overview; (5) Federal Financial Aid; (6) Annual Student Loan Disbursements; (7) Indebtedness at Graduation; (8) 2022-23 Undergraduate Grants, Scholarships and Waivers; (9) 2022-23 Undergraduate Total Financial Aid Disbursements and % of Cost Covered; (10) State Financial Aid Programs and Appropriation; and (11) Other Sources.
- Published
- 2024