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

Nirav D. Shah, CDC Principal Deputy Director
Nirav D. Shah, CDC Principal Deputy Director
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Charleston Southern University reported a 3.7% tuition increase for the 2022-23 school year, based on its latest disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $29,990 this year, up $1,060 from the $28,930 tuition charged during the 2021-22 academic year.

Approximately 76% of the university’s undergraduate students are residents of South Carolina, while about 23% come from other states and 2% are international students.

Data indicates that 98% of full-time undergraduates who began studies at Charleston Southern University in 2022-23 received some form of student financial aid. A total of 709 students were awarded grants or scholarships amounting to $15.9 million, and 433 students obtained student loans exceeding $3.2 million.

Across the entire undergraduate population, 2,520 students received grants or scholarships totaling $52.9 million. Additionally, 1,491 students borrowed $9.8 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 Charleston Southern 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 grants26136%$1.4 million$5,419
State / local grant or scholarship46865%$3.4 million$7,237
Institutional grants or scholarships70397%$11.1 million$15,772
Grant or scholarship aid total70998%$15.9 million$22,411
Federal student loans42559%$2.2 million$5,165
Other student loans7110%$958,110$13,495
Student loan aid43360%$3.2 million$7,283
Total student aid71098%$19 million$26,820
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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