Cost of education for students at Technical College of the Lowcountry stays the same in 2022-23 school year

Richard J. Gough President - Technical College of the Lowcountry
Richard J. Gough President - Technical College of the Lowcountry
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The Technical College of the Lowcountry reported that out-of-state tuition fees did not change for the 2022-23 academic year, according to the latest disclosure from the National Center for Education Statistics.

South Carolina residents paid $6,076 to attend the two-year public college this year, an increase of $336 from the $5,740 charged during the 2021-22 academic year.

Non-resident students were charged $11,020 for the 2022-23 school year, which is 81.4% higher than the resident tuition. This amount remained consistent with the previous year’s fee.

Approximately 94% of the undergraduate student body at the college are South Carolina residents, while about 6% come from other states.

Data indicates that 98% of full-time undergraduates who enrolled at the Technical College of the Lowcountry in 2022-23 received some form of financial aid. Among them, 150 students were awarded grants or scholarships totaling $1 million, and 15 students obtained loans exceeding $62,662.

Overall, 1,667 undergraduates benefited from grants or scholarships amounting to $6.5 million. Additionally, 122 students borrowed a total of $836,398 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 Technical College of the Lowcountry 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 grants15098%$491,526$3,277
State / local grant or scholarship10871%$410,136$3,798
Institutional grants or scholarships6643%$131,549$1,993
Grant or scholarship aid total15098%$1 million$6,888
Federal student loans1510%$62,662$4,177
Other student loans00%$0$0
Student loan aid1510%$62,662$4,177
Total student aid15098%$1.1 million$7,305
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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