Dr. Miguel A. Cardona Secretary of Education | Official website
Dr. Miguel A. Cardona Secretary of Education | Official website
Data shows that students paid $10,488 on average to attend higher education courses at the time, $447 more than the previous school year.
Among the eight institutions in the county, Carrington College-Reno stood out with the highest tuition fees, reaching an average of $56,400. Career College of Northern Nevada followed with an average of $26,124 per year. Truckee Meadows Community College students were offered the lowest annual tuition fees at $3,312.
At the time, a total of $25.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Washoe County universities in the 2022-23 school year. Additionally, federal student loans reached $11.1 million.
Currently there are eight higher education institutions in Washoe County, including Career College of Northern Nevada, International Academy of Style, and Milan Institute of Cosmetology-Reno.
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.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Milan Institute of Cosmetology-Reno | 202 | $717,126 | $3,550 | 228 | $1,091,929 | $4,789 |
Career College of Northern Nevada | 137 | $560,331 | $4,090 | 162 | $924,294 | $5,706 |
Truckee Meadows Community College | 634 | $3,156,120 | $4,978 | 21 | $122,425 | $5,830 |
Milan Institute-Sparks | 78 | $298,161 | $3,823 | 83 | $438,426 | $5,282 |
Carrington College-Reno | 40 | $127,830 | $3,196 | 48 | $457,866 | $9,539 |
Paul Mitchell the School-Reno | 27 | $168,519 | $6,241 | 30 | $229,097 | $7,637 |
University of Nevada-Reno | 2,989 | $19,901,738 | $6,658 | 1,089 | $7,416,495 | $6,810 |
International Academy of Style | 59 | $306,365 | $5,193 | 59 | $383,969 | $6,508 |