Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Data shows that students paid $16,178 on average to attend higher education courses at the time, $337 more than the previous school year.
Among the six institutions providing full disclosure in the county, Transylvania University stood out with the highest tuition fees, reaching an average of $43,670. The University of Kentucky followed with an average of $20,190 per year. Bluegrass Community and Technical College students were offered the lowest annual tuition fees at $4,749.
At the time, at least $90.4 million in grants or scholarships were awarded to full-time undergraduates who started at the Fayette County universities in the 2022-23 school year. Additionally, federal student loans reached more than $27.1 million.
Currently there are seven higher education institutions in Fayette County, including Lexington Healing Arts Academy, Bluegrass Community and Technical College, and Paul Mitchell the School-Lexington.
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.
Of the seven institutions in Fayette County, Lexington Healing Arts Academy did not provide detailed data on tuition fees.
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 |
|---|---|---|---|---|---|---|
| Employment Solutions-College for Technical Education | 22 | $132,578 | $6,026 | 23 | $186,066 | $8,090 |
| Transylvania University | 279 | $9,251,350 | $33,159 | 146 | $1,232,970 | $8,445 |
| University of Kentucky | 5,713 | $74,405,949 | $13,024 | 2,528 | $24,122,956 | $9,542 |
| Bluegrass Community and Technical College | 1,058 | $6,350,015 | $6,002 | 235 | $1,065,891 | $4,536 |
| Lexington Healing Arts Academy | -- | -- | -- | -- | -- | -- |
| Summit Salon Academy-Lexington | 32 | $179,205 | $5,600 | 41 | $315,260 | $7,689 |
| Paul Mitchell the School-Lexington | 19 | $96,512 | $5,080 | 23 | $197,496 | $8,587 |
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