Cost of college at American College of the Building Arts remained the same for all students in 2022-23

Lieutenant General Colby M. Broadwater, III President
Lieutenant General Colby M. Broadwater, III President
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The American College of the Building Arts did not raise tuition fees for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at this four-year private nonprofit college paid $20,572 in tuition for both the 2021-22 and 2022-23 academic years.

Approximately 22% of the undergraduate student body are residents of South Carolina, while about 74% come from other U.S. states, and 4% are international students.

Financial aid data indicates that 43% of full-time undergraduates who began their studies in 2022-23 received some form of student financial assistance. Specifically, 10 students were awarded grants or scholarships totaling $101,855, and six students obtained student loans amounting to more than $29,937.

Across the entire undergraduate population, 90 students received grants or scholarships totaling $411,112. Additionally, 53 students borrowed $433,801 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 American College of the Building Arts 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 grants09%$0$0
State / local grant or scholarship00%$0$0
Institutional grants or scholarships1043%$89,165$8,917
Grant or scholarship aid total1043%$101,855$10,186
Federal student loans626%$29,937$4,990
Other student loans00%$0$0
Student loan aid626%$29,937$4,990
Total student aid1043%$131,792$13,179
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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