Tuition at The University of the South rose by 3.5% for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students paid $51,146 to attend the private, four-year not-for-profit university this year, an increase of $1,728 from the $49,418 charged during the 2021-22 academic year.
Approximately 21% of the undergraduate student body are residents of Tennessee, while about 75% come from other states and 5% are international students.
Data indicates that 97% of full-time undergraduates who enrolled at The University of the South in 2022-23 received some form of student financial aid. A total of 403 students were awarded grants or scholarships amounting to $14.1 million, and 141 students borrowed student loans exceeding $749,566.
Among all undergraduates, 1,539 students received grants or scholarships totaling $52.4 million. Additionally, 486 students obtained federal student loans totaling $3 million.
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.
The following data includes only full-time students who began an undergraduate program at the The University of the South in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 60 | 14% | $372,355 | $6,206 |
| State / local grant or scholarship | 80 | 19% | $491,875 | $6,148 |
| Institutional grants or scholarships | 403 | 97% | $13.3 million | $32,944 |
| Grant or scholarship aid total | 403 | 97% | $14.1 million | $35,088 |
| Federal student loans | 141 | 34% | $727,151 | $5,157 |
| Other student loans | 5 | 1% | $22,415 | $4,483 |
| Student loan aid | 141 | 34% | $749,566 | $5,316 |
| Total student aid | 403 | 97% | $14.9 million | $36,948 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
