The cost of in-state tuition at Renton Technical College rose by 2% for the 2022-23 school year, based on the latest data released, according to the latest disclosure from the National Center for Education Statistics.
Washington residents paid $5,784 to attend the four-year public college this year, an increase of $113 from the $5,671 charged in the 2021-22 academic year.
Non-resident students faced tuition fees 8.1% higher than those for residents during the 2022-23 school year, amounting to $6,252. This reflects a 2% rise from $6,131 in the previous year.
Approximately 97% of the undergraduate student body at the institution are Washington residents, while about 2% come from other states.
Data indicates that 62% of full-time undergraduates who enrolled at Renton Technical College in 2022-23 received some form of student financial aid. A total of 132 students were awarded grants or scholarships amounting to $1.1 million, and 15 students borrowed over $119,637 in student loans.
Across all undergraduate students, 882 individuals utilized grants or scholarships totaling $6.5 million. Additionally, 120 students secured federal student loans totaling $735,381.
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 Renton Technical College 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 | 78 | 35% | $388,857 | $4,985 |
| State / local grant or scholarship | 115 | 51% | $602,261 | $5,237 |
| Institutional grants or scholarships | 44 | 20% | $88,511 | $2,012 |
| Grant or scholarship aid total | 132 | 59% | $1.1 million | $8,179 |
| Federal student loans | 14 | 6% | $82,265 | $5,876 |
| Other student loans | 0 | 1% | $0 | $0 |
| Student loan aid | 15 | 7% | $119,637 | $7,976 |
| Total student aid | 139 | 62% | $1.2 million | $8,627 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
