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

Joseph S. Paul, Ph.D. President
Joseph S. Paul, Ph.D. President
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The University of Southern Mississippi reported a 2.7% rise in in-state tuition fees for the 2022-23 school year, based on the most recent information available, according to the latest disclosure from the National Center for Education Statistics.

Mississippi residents enrolled at the four-year public university paid $9,450 this year, which is $246 higher than the $9,204 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 21.2% higher than those for residents in 2022-23, amounting to $11,450. This reflects a 2.2% increase from the $11,204 tuition fee in the previous year.

Approximately 70% of the undergraduate student body are Mississippi residents. Students from other states comprise about 27%, while international students make up 3% of the enrollment.

Data reveals that 98% of full-time undergraduates who began studies at the University of Southern Mississippi in 2022-23 received some form of financial aid. Specifically, 1,483 students were awarded grants or scholarships totaling $16.3 million, and 870 students obtained student loans exceeding $6 million.

Across the entire undergraduate population, 8,254 students benefited from grants or scholarships amounting to $77.8 million. Additionally, 5,128 students secured federal student loans totaling $41.9 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the the University of Southern Mississippi in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 861 54% $5.3 million $6,130
State / local grant or scholarship 731 46% $2.5 million $3,469
Institutional grants or scholarships 1,108 70% $8.5 million $7,670
Grant or scholarship aid total 1,483 93% $16.3 million $11,000
Federal student loans 852 53% $4.6 million $5,424
Other student loans 112 7% $1.4 million $12,626
Student loan aid 870 55% $6 million $6,937
Total student aid 1,557 98% $22.3 million $14,353

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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