The tuition fee at Unitech Training Academy-Houma rose by 0.6% 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, for-profit institution paid $15,495 this year, an increase of $100 from the $15,395 charged during the 2021-22 academic year.
All undergraduate students attending the school are residents of Louisiana.
Data indicates that 79% of full-time undergraduates who began their studies at Unitech Training Academy-Houma in 2022-23 received some form of student financial aid. Specifically, 185 students were awarded grants or scholarships amounting to $770,657, while the same number of students borrowed over $1.1 million in student loans.
Across the entire undergraduate population, 210 students received grants or scholarships totaling $868,796. Additionally, 215 students took out federal student loans amounting to $1.3 million.
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 | 180 | 77% | $735,300 | $4,085 |
| State / local grant or scholarship | 12 | 5% | $35,357 | $2,946 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 185 | 79% | $770,657 | $4,166 |
| Federal student loans | 185 | 79% | $1.1 million | $6,055 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 185 | 79% | $1.1 million | $6,055 |
| Total student aid | 185 | 79% | $1.9 million | $10,220 |
