The tuition at Unitech Training Academy-Lafayette rose by 1.3% for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $15,695 this year, an increase of $200 from the $15,495 charged during the 2021-22 academic year.
Approximately 99% of the undergraduate students at the school are residents of Louisiana, while about 1% come from other states.
Data indicates that 78% of full-time undergraduates who began studies at Unitech Training Academy-Lafayette in 2022-23 received some form of student financial aid. In total, 532 students were awarded grants or scholarships amounting to $2.4 million, and 557 students obtained student loans exceeding $3.5 million.
When considering all undergraduates, 879 students received grants or scholarships totaling $4.1 million. Additionally, 903 students borrowed $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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 523 | 69% | $2.4 million | $4,565 |
| State / local grant or scholarship | 16 | 2% | $33,746 | $2,109 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 532 | 70% | $2.4 million | $4,551 |
| Federal student loans | 557 | 74% | $3.5 million | $6,285 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 557 | 74% | $3.5 million | $6,285 |
| Total student aid | 587 | 78% | $5.9 million | $10,088 |
