For the 2022-23 academic year, Pomona College increased tuition by 4.5%, as revealed in the institution’s most recent financial disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, nonprofit college paid $59,238 this year, which is $2,552 higher than the $56,686 charged during the 2021-22 academic year.
Approximately 24% of Pomona College’s undergraduate students are residents of California. Students from other U.S. states make up about 55%, while international students account for 18% of the undergraduate population.
Data indicates that 64% of full-time undergraduates who began studies at Pomona College in 2022-23 received some form of financial aid. A total of 232 students were awarded grants or scholarships amounting to $14.8 million, while 55 students borrowed over $662,503 in student loans.
Among all undergraduates, 964 students benefited from grants or scholarships totaling $56.9 million. Additionally, 136 students took out federal student loans totaling $781,786.
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 Pomona 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 | 85 | 21% | $549,656 | $6,467 |
| State / local grant or scholarship | 17 | 4% | $159,086 | $9,358 |
| Institutional grants or scholarships | 232 | 56% | $14.1 million | $60,718 |
| Grant or scholarship aid total | 232 | 56% | $14.8 million | $63,773 |
| Federal student loans | 41 | 10% | $215,850 | $5,265 |
| Other student loans | 41 | 10% | $446,653 | $10,894 |
| Student loan aid | 55 | 13% | $662,503 | $12,046 |
| Total student aid | 262 | 64% | $15.5 million | $58,999 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
