Cost of college increased for all California Polytechnic State University-San Luis Obispo students in 2022-23 school year

Nirav D. Shah, CDC Principal Deputy Director
Nirav D. Shah, CDC Principal Deputy Director
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According to recent disclosures, in-state tuition at California Polytechnic State University-San Luis Obispo rose by 1.2% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

California residents paid $10,319 to attend the public university this year, which is $124 more than the $10,195 charged during the 2021-22 academic year.

Non-resident students faced tuition costs that were 173.6% higher than those for residents in 2022-23, amounting to $28,229. This represents a 0.4% increase from $28,105 in the previous year.

Approximately 83% of the undergraduate student body are California residents, while about 16% come from other states and 1% are international students.

Data indicates that 60% of full-time undergraduates who enrolled in 2022-23 received some form of student financial aid. A total of 2,424 students were awarded grants or scholarships totaling $30.8 million, and 1,440 students borrowed over $8.7 million in student loans.

Among all undergraduate students, 10,856 received grants or scholarships amounting to $108.3 million. Additionally, 4,939 students took out federal student loans totaling $29.5 million.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the California Polytechnic State University-San Luis Obispo 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 1,009 20% $6.4 million $6,324
State / local grant or scholarship 1,876 37% $8.2 million $4,360
Institutional grants or scholarships 2,108 41% $16.2 million $7,705
Grant or scholarship aid total 2,424 48% $30.8 million $12,707
Federal student loans 1,418 28% $7.2 million $5,069
Other student loans 77 2% $1.5 million $18,998
Student loan aid 1,440 28% $8.7 million $6,008
Total student aid 3,078 60% $39.5 million $12,817

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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