The Northwest School of Wooden Boat Building reported a 4.7% tuition increase for the 2022-23 school year, based on the most recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled in the two-year private nonprofit institution paid $16,800 this year, which is $750 higher than the $16,050 tuition charged during the 2021-22 academic year.
Approximately 56% of the undergraduate student body at the school are residents of Washington, while the remaining 44% come from other states.
Data indicates that 89% of full-time undergraduates who began their studies at the Northwest School of Wooden Boat Building in 2022-23 received some form of student financial aid. Specifically, seven students were awarded grants or scholarships totaling $50,296, and seven students took out student loans exceeding $42,224.
Across all undergraduate students, 30 received grants or scholarships amounting to $228,032. Additionally, 24 students borrowed $167,421 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 7 | 78% | $35,883 | $5,126 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 7 | 78% | $14,413 | $2,059 |
| Grant or scholarship aid total | 7 | 78% | $50,296 | $7,185 |
| Federal student loans | 7 | 78% | $42,224 | $6,032 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 7 | 78% | $42,224 | $6,032 |
| Total student aid | 8 | 89% | $92,520 | $11,565 |
