Cost of education increases for all Culinary Institute of America students in 2022-23 school year

Dr. Tim Ryan, President - Culinary Institute of America
Dr. Tim Ryan, President - Culinary Institute of America
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The Culinary Institute of America reported a 3% tuition increase for the 2022-23 school year, based on its latest disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $36,620 this year, up $1,070 from the $35,550 charged in the 2021-22 academic year.

New York residents make up approximately 18% of the undergraduate student body, while about 70% come from other U.S. states and 12% are international students.

Data indicates that 98% of full-time undergraduates who began studies in 2022-23 received some form of financial aid. Specifically, 659 students were awarded grants or scholarships totaling $12 million, and 398 students obtained student loans amounting to over $6.4 million.

Across the entire undergraduate population, 2,749 students received grants or scholarships totaling $49.1 million. Additionally, 1,615 students took out federal student loans totaling $11.3 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 Culinary Institute of America 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 202 30% $1.3 million $6,610
State / local grant or scholarship 43 6% $218,828 $5,089
Institutional grants or scholarships 659 98% $10.4 million $15,853
Grant or scholarship aid total 659 98% $12 million $18,211
Federal student loans 388 58% $2.5 million $6,398
Other student loans 141 21% $4 million $28,058
Student loan aid 398 59% $6.4 million $16,177
Total student aid 663 98% $18.4 million $27,812

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



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