Tuition fees at Homestead Schools rose by 1.4% for the 2022-23 school year, based on the latest data released by the institution, according to the latest disclosure from the National Center for Education Statistics.
Students paid $35,750 to attend the private, not-for-profit four-year institution this year, which is $1,250 higher than the $34,500 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of California residents.
Data indicates that all full-time undergraduates who enrolled at Homestead Schools in the 2022-23 school year received some form of student financial aid. Among them, five students took out loans totaling more than $39,472.
Across the undergraduate population, 148 students benefited from grants or scholarships amounting to $817,611. Additionally, 168 students secured $1.6 million in federal student loans.
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 Homestead Schools 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 | 0 | 80% | $0 | $0 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 0 | 80% | $0 | $0 |
| Federal student loans | 5 | 100% | $39,472 | $7,894 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 5 | 100% | $39,472 | $7,894 |
| Total student aid | 5 | 100% | $39,472 | $7,894 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
