Bates College reported a 3.4% tuition increase for the 2022-23 academic year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $61,066 this year, which is $2,004 higher than the $59,062 charged during the 2021-22 academic year.
Approximately 9% of Bates College’s undergraduate students are residents of Maine, while about 81% come from other states and 10% are international students.
Data indicates that 47% of full-time undergraduates who began studies at Bates College in 2022-23 received some form of financial aid. A total of 229 students were awarded grants or scholarships amounting to $12.3 million, and 93 students obtained student loans exceeding $955,887.
Among all undergraduates, 716 students received grants or scholarships totaling $37.4 million. Additionally, 269 students borrowed $1.4 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 Bates 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 | 63 | 12% | $343,899 | $5,459 |
| State / local grant or scholarship | 7 | 1% | $17,500 | $2,500 |
| Institutional grants or scholarships | 227 | 44% | $12 million | $52,664 |
| Grant or scholarship aid total | 229 | 44% | $12.3 million | $53,782 |
| Federal student loans | 80 | 15% | $365,353 | $4,567 |
| Other student loans | 21 | 4% | $590,534 | $28,121 |
| Student loan aid | 93 | 18% | $955,887 | $10,278 |
| Total student aid | 243 | 47% | $13.3 million | $54,617 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
