BYU-Idaho's fourth core theme: Affordability - "Delivering education that is affordable for students and the Church."

Objectives

Our fourth core theme encompasses our efforts to:

  • Maintain an annual cost below the median of national and regional peers.
  • Maintain a student loan default rate below the national average with an aspirational goal of less than 3%.

The full list of indicators used to measure core theme three are included in the BYU-Idaho Institutional Dashboard. However, the Key Indicators are displayed below:

Key Indicator #1 - Average Annual Cost of Attendance

Graph of Cost

Annual Cost in Constant Dollars

Source: U. S. Department of Education College Scorecard

Target: Below the national and regional peers median

Status: Meeting Target

Note: The average annual cost includes the average annual net price for federal financial aid recipients, after aid from the school, state, or federal government. For public schools, this is only the average cost for in-state students. 

The national median cost excludes for-profit universities and two-year colleges.Regional peers include: Boise State University, Brigham Young University, Idaho State University, Southern Utah University, University Of Idaho, University Of Utah, Utah State University, Utah Valley University, Weber State University, and Westminster College. Cost of attendance for each regional peer institution can be viewed here.

Key Indicator #2 - Loan Default Rate

Loan Default Rate Graph

Source: U.S. Department of Education Federal Student Aid

Target: Below the national rate - aspirationally less than 3%

Status: Meeting Target

Note: The three year student loan default rate gives the percentage of students with a loan that go into default within three years of graduation.  The national rate excludes for-profit universities and two-year colleges.

Summary

Data suggests that BYU-Idaho is successfully meeting overall affordability objectives for the fourth core theme.