Tuition fees at Okaloosa Technical College rose by 6.7% for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $4,779 to attend the public institution this year, an increase of $300 from the $4,479 charged during the 2021-22 academic year.
Approximately 96% of the college’s undergraduate students are residents of Florida, while about 4% come from other states.
Data indicates that 49% of full-time undergraduates who enrolled at Okaloosa Technical College in 2022-23 received some form of student financial aid. A total of 261 students were awarded grants or scholarships amounting to $517,548.
Across all undergraduate students, 261 individuals utilized grants or scholarships totaling $789,550.
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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 204 | 39% | $369,150 | $1,810 |
| State / local grant or scholarship | 30 | 6% | $70,014 | $2,334 |
| Institutional grants or scholarships | 27 | 5% | $78,384 | $2,903 |
| Grant or scholarship aid total | 261 | 49% | $517,548 | $1,983 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 261 | 49% | $517,548 | $1,982 |
