Cost of college increased for all Gemological Institute of America-Carlsbad students in 2022-23 school year

Susan Jacques President and CEO
Susan Jacques President and CEO
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According to recent disclosures, the Gemological Institute of America-Carlsbad raised tuition by 0.3% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, not-for-profit institution paid $21,279 this year, which is $60 higher than the $21,219 charged during the 2021-22 academic year.

Approximately 35% of the undergraduate student body consists of California residents, while 37% come from other U.S. states, and 28% are international students.

Data indicates that 38% of full-time undergraduates who began studies at the Gemological Institute of America-Carlsbad in 2022-23 received some form of financial aid. Specifically, 24 students were awarded grants or scholarships totaling $283,575, and 16 students took out student loans amounting to more than $131,389.

When considering all undergraduates, 68 students benefited from grants or scholarships totaling $948,427. Additionally, 40 students obtained $231,963 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the the Gemological Institute of America-Carlsbad 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 22 33% $90,093 $4,095
State / local grant or scholarship 0 2% $0 $0
Institutional grants or scholarships 13 20% $189,324 $14,563
Grant or scholarship aid total 24 36% $283,575 $11,816
Federal student loans 16 24% $89,389 $5,587
Other student loans 0 5% $0 $0
Student loan aid 16 24% $131,389 $8,212
Total student aid 25 38% $414,964 $16,598

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



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