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

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For the 2022-23 school year, tuition at Southwestern Adventist University rose by 2.3%, according to recently released information, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $24,060 this year, an increase of $552 compared to the $23,508 charged during the 2021-22 academic year.

Approximately 85% of the university’s undergraduate students are residents of Texas. Students from other states make up about 13%, while international students account for roughly 1%.

Data indicates that 99% of full-time undergraduates who began studies at Southwestern Adventist University in 2022-23 received some form of financial aid. A total of 123 students were awarded grants or scholarships amounting to $1.8 million, and 79 students borrowed over $445,241 in student loans.

Among all undergraduates, 602 students received grants or scholarships totaling $8.1 million. Additionally, 447 students took out federal student loans exceeding $3.3 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Southwestern Adventist University 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 56 45% $323,981 $5,785
State / local grant or scholarship 66 53% $164,069 $2,486
Institutional grants or scholarships 122 98% $1.3 million $10,653
Grant or scholarship aid total 123 99% $1.8 million $14,534
Federal student loans 79 64% $412,690 $5,224
Other student loans 5 4% $32,551 $6,510
Student loan aid 79 64% $445,241 $5,636
Total student aid 123 99% $2.2 million $18,154

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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