Private College Tuition Discounts Continue to Hit Highs

May 15, 2017

Share this

Title: 2016 NACUBO Tuition Discounting Study

Source: National Association of College and University Business Officers (NACUBO)

According to a report released by NACUBO this week, private colleges and universities are discounting their tuition revenue at the highest rates to date.

By offering grants, scholarships and fellowships, the institutions that participated in the 2016 NACUBO Tuition Discounting Study averaged an estimated 49.1 percent institutional tuition discount rate for first-time, full-time students in 2016-17—the highest in the history of the survey. This means that for every dollar in gross tuition revenue from those freshmen, institutions used nearly half for grant-based financial aid.

However, the findings also reveal that while many private colleges are expanding their aid programs to meet the needs of more students and families, these expenditures are contributing to the financial strain on some institutions.

If you have any questions or comments about this blog post, please contact us.

Keep Reading

New Tuition Model at Hiram College Offers Educational, Career, and Financial Benefits

Calls for U.S. colleges and universities to develop more relevant curricula, pave the college-to-career pathway, and offer affordable degrees are growing in strength and number. President Lori Varlotta discusses the latest innovations at Hiram College to respond to these needs.

September 10, 2019

The Success of College Unbound

Four higher education leaders look at College Unbound’s learner-centered, student-driven approach to higher education and the institution’s 10-year journey through regional accreditation.

November 13, 2019

A College Unbound

In 2015, Robert L. Carothers joined the board of College Unbound after stepping down from serving as the president at the University of Rhode Island for 18 years. Most of the students came thinking of themselves as having failed, he writes, but College Unbound “taught them to reframe failure and to see that their lives had been about learning, even if they could not see it.”

November 13, 2019