For the 2022-23 school year, tuition at Graceland University-Lamoni rose by 0.2%, as indicated in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students paid $31,970 to attend the private, four-year, not-for-profit institution this year, which is $50 higher than the $31,920 charged during the 2021-22 academic year.
Approximately 21% of the undergraduate student body are residents of Iowa, while about 68% come from other states, and 11% are international students.
Data reveals that all full-time undergraduates who enrolled at Graceland University-Lamoni in 2022-23 received some form of student financial aid. Specifically, 202 students were awarded grants or scholarships totaling $6.1 million, and 156 students obtained student loans amounting to over $1 million.
Among all undergraduate students, 805 benefited from grants or scholarships totaling $21.6 million. Additionally, 651 students borrowed $4.8 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 109 | 54% | $722,345 | $6,627 |
| State / local grant or scholarship | 31 | 15% | $246,072 | $7,938 |
| Institutional grants or scholarships | 202 | 100% | $5.1 million | $25,424 |
| Grant or scholarship aid total | 202 | 100% | $6.1 million | $30,218 |
| Federal student loans | 155 | 77% | $845,192 | $5,453 |
| Other student loans | 18 | 9% | $176,348 | $9,797 |
| Student loan aid | 156 | 77% | $1 million | $6,548 |
| Total student aid | 202 | 100% | $7.1 million | $35,275 |
