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South County Times

Saturday, September 28, 2024

Cost of college went up for all students at International Yacht Restoration School

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Tuition and fees rose 7.2 percent for 2018-19 at International Yacht Restoration School, according to recent data from the U.S. Department of Education.

Rhode Island students paid $44,600 to attend the two-year private not-for-profit institution this year – $1,200 more than the $43,400 charged for 2017-18.

Data shows 70 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 26 students received grants or scholarships totaling $170,140 and 27 students took out student loans totaling more than $233,745.

Including all undergraduates (74), 63 students used grants or scholarships totaling $363,100, and 56 students took out $427,563 in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~29$41,120$42,850$43,400$44,6008.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at International Yacht Restoration School in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants1333%$55,390$4,261
State / local grant or scholarship00%$0-
Institutional grants or scholarships2563%$114,750$4,590
Grant or scholarship aid total2665%$170,140$6,544
Federal student loans2255%$158,590$7,209
Other student loans513%$75,155$15,031
Student loan aid2768%$233,745$8,657
Total student aid2870%--

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