Cost of education increases for all students at CET-Salinas in 2022-23 school year

Hermelinda Sapien President and CEO
Hermelinda Sapien President and CEO
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The tuition fee at CET-Salinas rose by 7% for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, not-for-profit institution paid $15,249 this year, which is $1,000 higher than the $14,249 charged during the 2021-22 academic year.

All undergraduate students at the school are residents of California.

Data indicates that 91% of full-time undergraduates who began studies at CET-Salinas in 2022-23 received some form of student financial aid. A total of 96 students were awarded grants or scholarships amounting to $1.6 million, while 12 students obtained student loans exceeding $84,854.

Across the entire undergraduate population, 161 students benefited from grants or scholarships totaling $2.5 million. Additionally, 31 students borrowed $215,543 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the CET-Salinas 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 96 90% $1.5 million $15,622
State / local grant or scholarship 9 8% $68,022 $7,558
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 96 90% $1.6 million $16,330
Federal student loans 12 11% $84,854 $7,071
Other student loans 0 0% $0 $0
Student loan aid 12 11% $84,854 $7,071
Total student aid 97 91% $1.7 million $17,036

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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