The Pittsburgh Institute of Aeronautics saw a 3% tuition hike for the 2022-23 academic year, based on the most recent data released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private, not-for-profit institution paid $17,635 this year, an increase of $985 from the $16,650 charged during the 2021-22 academic year.
Approximately 44% of the undergraduate student body are Pennsylvania residents, while the remaining 56% come from other states.
Data indicates that 74% of full-time undergraduates who began studies at the Pittsburgh Institute of Aeronautics in 2022-23 received some form of student financial aid. A total of 87 students were awarded grants or scholarships amounting to $566,528, while 66 students obtained student loans exceeding $580,878.
Across all undergraduate students, 301 received grants or scholarships totaling $2.6 million. Additionally, 327 students borrowed $2.4 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 the Pittsburgh Institute of Aeronautics 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 | 72 | 38% | $421,722 | $5,857 |
| State / local grant or scholarship | 28 | 15% | $129,806 | $4,636 |
| Institutional grants or scholarships | 9 | 5% | $15,000 | $1,667 |
| Grant or scholarship aid total | 87 | 46% | $566,528 | $6,512 |
| Federal student loans | 66 | 35% | $426,926 | $6,469 |
| Other student loans | 10 | 5% | $153,952 | $15,395 |
| Student loan aid | 66 | 35% | $580,878 | $8,801 |
| Total student aid | 141 | 74% | $1.1 million | $8,137 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
