Dr. Miguel Cardona, Secretary of Education | Official website
Dr. Miguel Cardona, Secretary of Education | Official website
Data shows that students paid $35,341 on average to attend higher education courses at the time, $1,270 more than the previous school year.
Among the three institutions providing full disclosure in the county, Bradley University stood out with the highest tuition fees, reaching an average of $37,800. Methodist College followed with an average of $18,008 per year. Tricoci University of Beauty Culture-Peoria students were offered the lowest annual tuition fees at $13,184.
At the time, at least $29.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Peoria County universities in the 2022-23 school year. Additionally, federal student loans reached more than $5.9 million.
Currently there are four higher education institutions in Peoria County, including Saint Francis Medical Center College of Nursing, Methodist College, and Tricoci University of Beauty Culture-Peoria.
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 four institutions in Peoria County, Saint Francis Medical Center College of Nursing 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 |
|---|---|---|---|---|---|---|
| Tricoci University of Beauty Culture-Peoria | 23 | $138,504 | $6,022 | 34 | $269,912 | $7,939 |
| Saint Francis Medical Center College of Nursing | -- | -- | -- | -- | -- | -- |
| Bradley University | 1,036 | $28,996,346 | $27,989 | 718 | $5,659,927 | $7,883 |
| Methodist College | 0 | $0 | $0 | 0 | $0 | $0 |
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