Claremont McKenna College reported a 4.5% tuition increase for the 2022-23 academic year, as revealed in the latest institutional disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, four-year nonprofit college paid $60,715 this year, which is $2,604 higher than the $58,111 tuition charged during the 2021-22 academic year.
Approximately 42% of the undergraduate student body at the college are residents of California. Students from other states make up about 41%, while international students account for 17%.
Data indicates that 61% of full-time undergraduates who began studies at Claremont McKenna College in 2022-23 received some form of financial aid. A total of 171 students were awarded grants or scholarships amounting to $8.9 million, and 113 students secured student loans exceeding $839,702.
Among all undergraduates, 699 students received grants or scholarships totaling $36.7 million. Additionally, 269 students borrowed $1.3 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 Claremont McKenna College 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 | 57 | 18% | $364,715 | $6,399 |
| State / local grant or scholarship | 31 | 10% | $290,098 | $9,358 |
| Institutional grants or scholarships | 169 | 52% | $8.3 million | $48,892 |
| Grant or scholarship aid total | 171 | 53% | $8.9 million | $52,149 |
| Federal student loans | 65 | 20% | $255,419 | $3,930 |
| Other student loans | 92 | 29% | $584,283 | $6,351 |
| Student loan aid | 113 | 35% | $839,702 | $7,431 |
| Total student aid | 195 | 61% | $9.8 million | $50,036 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
