The Roberto-Venn School of Luthiery did not increase tuition fees for the 2022-23 school year, as revealed by the latest institutional disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $11,950 in tuition for both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the school consists of residents from states other than where the school is located.
Data indicates that half of the full-time undergraduates who began studies at Roberto-Venn in 2022-23 received some form of financial aid. Specifically, five students were awarded grants or scholarships totaling $16,788, while eight students secured student loans amounting to over $39,994.
Across all undergraduates, nine students benefited from grants or scholarships totaling $33,658. Additionally, 14 students borrowed $74,605 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 | 5 | 23% | $16,788 | $3,358 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 5 | 23% | $16,788 | $3,358 |
| Federal student loans | 8 | 36% | $39,994 | $4,999 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 8 | 36% | $39,994 | $4,999 |
| Total student aid | 11 | 50% | $56,782 | $5,162 |
