Tuition rates for South Carolina residents attending Trident Technical College decreased by 1.6% during the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
In-state students were charged $5,059 for the two-year public college this year, which is $84 less than the $5,143 fee for the 2021-22 academic year.
Non-resident students paid 70.1% more than their in-state counterparts in 2022-23, with tuition amounting to $8,606. This represents a 1% reduction from the $8,690 charged in the previous year.
Approximately 99% of the undergraduate student body at the college consists of South Carolina residents, while about 1% come from other states.
Data indicates that 91% of full-time undergraduates who began studies at Trident Technical College in 2022-23 received some form of financial aid. In total, 1,019 students were awarded grants or scholarships amounting to $12.3 million, and 175 students obtained loans exceeding $588,063.
Among all undergraduate students, 7,393 received grants or scholarships totaling $81.4 million. Additionally, 1,669 students borrowed $6.9 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 460 | 41% | $3.4 million | $7,398 |
| State / local grant or scholarship | 952 | 85% | $5.7 million | $6,013 |
| Institutional grants or scholarships | 820 | 73% | $3.2 million | $3,900 |
| Grant or scholarship aid total | 1,019 | 91% | $12.3 million | $12,096 |
| Federal student loans | 175 | 16% | $503,612 | $2,878 |
| Other student loans | 13 | 1% | $84,451 | $6,496 |
| Student loan aid | 175 | 16% | $588,063 | $3,360 |
| Total student aid | 1,020 | 91% | $12.9 million | $12,660 |
