Tuition at Morris College rose by 2% 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 enrolled at the four-year private nonprofit institution paid $15,758 this year, an increase of $308 from the $15,450 charged in the 2021-22 academic year.
Approximately 76% of the undergraduate student body at Morris College are residents of South Carolina, while about 24% come from other states.
Data indicates that 98% of full-time undergraduates who began studies at Morris College in 2022-23 received some form of student financial aid. A total of 112 students were awarded grants or scholarships amounting to $1 million, and 82 students obtained student loans exceeding $461,600.
Across all undergraduates, 374 students benefited from grants or scholarships totaling $4.9 million. Additionally, 309 students secured $2 million 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.
The following data includes only full-time students who began an undergraduate program at the Morris College 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 | 108 | 92% | $846,944 | $7,842 |
| State / local grant or scholarship | 25 | 21% | $117,411 | $4,696 |
| Institutional grants or scholarships | 28 | 24% | $64,825 | $2,315 |
| Grant or scholarship aid total | 112 | 95% | $1 million | $9,189 |
| Federal student loans | 82 | 69% | $461,600 | $5,629 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 82 | 69% | $461,600 | $5,629 |
| Total student aid | 116 | 98% | $1.5 million | $12,851 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
