According to the latest data, tuition at Southeastern College-Charleston rose by 9.4% for the 2022-23 academic year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit college paid $23,324 this year, an increase of $2,004 from the $21,320 charged during the 2021-22 academic year.
The entire undergraduate student body at the institution consists of residents of South Carolina.
Data indicates that 98% of full-time undergraduates who began studies at Southeastern College-Charleston in 2022-23 received some form of student financial aid. Among them, 44 students were awarded grants or scholarships totaling $250,159, while another 44 students obtained student loans amounting to over $599,752.
Across the full undergraduate population, 171 students received grants or scholarships totaling $1.1 million. Additionally, 167 students borrowed $1.6 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 | 37 | 73% | $210,554 | $5,691 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 18 | 35% | $39,605 | $2,200 |
| Grant or scholarship aid total | 44 | 86% | $250,159 | $5,685 |
| Federal student loans | 44 | 86% | $339,152 | $7,708 |
| Other student loans | 27 | 53% | $260,600 | $9,652 |
| Student loan aid | 44 | 86% | $599,752 | $13,631 |
| Total student aid | 50 | 98% | $849,911 | $16,998 |
