Cost of college increased for all Southern Adventist University students during 2022-23 school year

Ken Shaw, EDD President - Southern Adventist University
Ken Shaw, EDD President - Southern Adventist University
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For the 2022-23 academic year, tuition at Southern Adventist University rose by 2.8%, based on the latest available information, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $23,870 this year, an increase of $660 from the $23,210 charged during the 2021-22 academic year.

Approximately 18% of the undergraduate student body are residents of Tennessee, while about 77% come from other states. International students make up roughly 1% of the undergraduate population.

Data indicates that every full-time undergraduate who began studies at Southern Adventist University in 2022-23 received some form of student financial aid. A total of 616 students were awarded grants or scholarships amounting to $7.7 million, and 277 students obtained student loans exceeding $2.2 million.

Across the entire undergraduate population, 2,280 students received grants or scholarships totaling $27.9 million. Additionally, 1,124 students borrowed $7.2 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Southern Adventist University in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants19431%$1 million$5,325
State / local grant or scholarship9515%$552,041$5,811
Institutional grants or scholarships616100%$6.1 million$9,922
Grant or scholarship aid total616100%$7.7 million$12,495
Federal student loans27444%$1.8 million$6,748
Other student loans274%$308,305$11,419
Student loan aid27745%$2.2 million$7,788
Total student aid617100%$9.9 million$15,970
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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