Tuition fees at South College did not change for the 2022-23 school year, as indicated by the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit college paid $17,335 in tuition for both the 2021-22 and 2022-23 academic years.
Approximately half of the undergraduate students at the institution are residents of Tennessee, while the other half come from various other states.
Data reveals that 90% of full-time undergraduates who began studies at South College in 2022-23 received some form of financial aid. A total of 425 students were awarded grants or scholarships amounting to $5.8 million, and 212 students obtained student loans exceeding $1.8 million.
Across the entire undergraduate body, 3,186 students benefited from grants or scholarships totaling $28.2 million. Additionally, 3,027 students secured federal student loans totaling $27.7 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 334 | 65% | $1.7 million | $5,238 |
| State / local grant or scholarship | 267 | 52% | $1 million | $3,775 |
| Institutional grants or scholarships | 294 | 58% | $3.1 million | $10,424 |
| Grant or scholarship aid total | 425 | 83% | $5.8 million | $13,698 |
| Federal student loans | 208 | 41% | $1.6 million | $7,598 |
| Other student loans | 33 | 6% | $207,022 | $6,273 |
| Student loan aid | 212 | 42% | $1.8 million | $8,431 |
| Total student aid | 461 | 90% | $7.6 million | $16,506 |
