The WellSpring School of Allied Health-Springfield reported a 3.1% tuition increase for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled in the two-year private for-profit institution paid $16,500 this year, which is $500 higher than the $16,000 charged during the 2021-22 academic year.
All undergraduate students at the school are residents of Missouri.
Data indicates that 88% of full-time undergraduates who began studies at WellSpring School of Allied Health-Springfield in 2022-23 received some form of student financial aid. Specifically, 52 students were awarded grants or scholarships totaling $291,339, while 49 students obtained student loans amounting to more than $349,377.
Across the entire undergraduate population, 114 students received grants or scholarships totaling $526,009. Additionally, 116 students secured federal student loans totaling $603,349.
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 | 49 | 83% | $235,837 | $4,813 |
| State / local grant or scholarship | 0 | 2% | $0 | $0 |
| Institutional grants or scholarships | 41 | 69% | $51,002 | $1,244 |
| Grant or scholarship aid total | 52 | 88% | $291,339 | $5,603 |
| Federal student loans | 42 | 71% | $311,346 | $7,413 |
| Other student loans | 15 | 25% | $38,031 | $2,535 |
| Student loan aid | 49 | 83% | $349,377 | $7,130 |
| Total student aid | 52 | 88% | $640,716 | $12,321 |
