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Madison Reporter

Sunday, December 22, 2024

Cost of college went up for all students at Madison Area Technical College

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In-state tuition and fees rose 1.5 percent for 2018-19 at Madison Area Technical College, according to recent data from the U.S. Department of Education.

Wisconsin residents paid $4,407 to attend the four-year public institution this year – $66 more than the $4,341 charged for 2017-18.

Non-residents paid 47.8 percent more than residents this year, or $6,512. Their price tag grew 3 percent from $6,324 in 2017-18.

About 95 percent of the school's undergraduate population are Wisconsin residents. And about 2 percent are residents of other states.

Data shows 61 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 313 students received grants or scholarships totaling $1.3 million and 244 students took out student loans totaling more than $1.3 million.

Including all undergraduates (15,250), 5,892 students used grants or scholarships totaling $17.2 million, and 3,844 students took out $23.2 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~14,488$4,217$4,281$4,341$4,4074.5%
Out-of-state305$6,143$6,236$6,324$6,5126%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Madison Area Technical College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants22932%$972,435$4,246
State / local grant or scholarship18326%$189,000$1,033
Institutional grants or scholarships14120%$177,320$1,258
Grant or scholarship aid total31344%$1,338,755$4,277
Federal student loans24334%$1,252,260$5,153
Other student loans41%$16,031$4,008
Student loan aid24434%$1,268,291$5,198
Total student aid43461%--

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