Cost of education at Pivot Point Academy stays the same for all students in 2022-23 school year
According to the latest report, tuition fees at Pivot Point Academy did not change for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at this private, for-profit institution paid $18,405 in tuition for both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the school consists of residents from Illinois.
Data indicates that 91% of full-time undergraduates who began their studies at Pivot Point Academy in 2022-23 received some form of student financial aid. Specifically, 24 students were awarded grants or scholarships totaling $145,200, while 36 students obtained student loans amounting to over $369,158.
Across all undergraduate students, 75 received grants or scholarships totaling $407,463. Additionally, 113 students secured federal student loans totaling $699,617.
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 | 24 | 38% | $145,200 | $6,050 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 24 | 38% | $145,200 | $6,050 |
| Federal student loans | 36 | 56% | $369,158 | $10,254 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 36 | 56% | $369,158 | $10,254 |
| Total student aid | 58 | 91% | $514,358 | $8,868 |