The Louisiana Culinary Institute saw a 6.9% rise in tuition fees for the 2022-23 school year, based on the latest available information, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled in the two-year private for-profit college paid $15,575 this year, an increase of $1,000 from the $14,575 charged during the 2021-22 academic year.
Approximately 83% of the undergraduate students at the institute are residents of Louisiana, while about 8% come from other states.
Data indicates that 92% of full-time undergraduates who began their studies at the Louisiana Culinary Institute in 2022-23 received some form of student financial aid. Specifically, 11 students were awarded grants or scholarships totaling $60,256, and 11 students borrowed over $118,459 in student loans.
Among all undergraduate students, 64 received grants or scholarships amounting to $313,156, while 74 students obtained federal student loans totaling $442,683.
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 | 8 | 67% | $46,763 | $5,845 |
| State / local grant or scholarship | 6 | 50% | $13,493 | $2,249 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 11 | 92% | $60,256 | $5,478 |
| Federal student loans | 11 | 92% | $118,459 | $10,769 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 11 | 92% | $118,459 | $10,769 |
| Total student aid | 11 | 92% | $178,715 | $16,246 |
