The Avalon Institute-Las Vegas saw a 1.7% tuition hike for the 2022-23 school year, based on the latest available data, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $17,600 this year, an increase of $400 from the $17,200 charged during the 2021-22 academic year.
Nearly 99% of the undergraduate students at the school are residents of Nevada, while approximately 1% come from other states.
Data indicates that 81% of full-time undergraduates who began studies at the Avalon Institute-Las Vegas in 2022-23 received some form of financial aid. Specifically, 187 students were awarded grants or scholarships totaling $1.1 million, and 178 students secured student loans exceeding $975,905.
Across the entire undergraduate population, 525 students benefited from grants or scholarships amounting to $2.5 million. Additionally, 489 students obtained federal student loans totaling $2.7 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.
The following data includes only full-time students who began an undergraduate program at the the Avalon Institute-Las Vegas 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 | 176 | 77% | $1 million | $5,940 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 21 | 9% | $31,000 | $1,476 |
| Grant or scholarship aid total | 187 | 81% | $1.1 million | $5,756 |
| Federal student loans | 178 | 77% | $975,905 | $5,483 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 178 | 77% | $975,905 | $5,483 |
| Total student aid | 187 | 81% | $2.1 million | $10,975 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
