Cost of college increased for all Southwestern Christian University students during 2022-23 school year

Dr. Tom L. Murray President - Southwestern Christian University
Dr. Tom L. Murray President - Southwestern Christian University
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Tuition at Southwestern Christian University saw a 7.1% increase for the 2022-23 academic year, based on the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private nonprofit institution paid $21,316 this year, which is $1,408 higher than the $19,908 charged during the 2021-22 academic year.

Approximately 72% of the undergraduate student body at the university are residents of Oklahoma. Students from other states make up about 19%, while international students account for 9%.

Data indicates that 99% of full-time undergraduates who began studies at Southwestern Christian University in 2022-23 received some form of financial aid. A total of 109 students were awarded grants or scholarships amounting to $1.3 million, while 57 students borrowed over $372,402 in student loans.

Across all undergraduates, 387 students received grants or scholarships totaling $5 million. Additionally, 179 students took out federal student loans totaling $1.1 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 Southwestern Christian University 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 56 51% $293,892 $5,248
State / local grant or scholarship 35 32% $141,756 $4,050
Institutional grants or scholarships 109 99% $895,640 $8,217
Grant or scholarship aid total 109 99% $1.3 million $12,214
Federal student loans 56 51% $318,000 $5,679
Other student loans 5 5% $54,402 $10,880
Student loan aid 57 52% $372,402 $6,533
Total student aid 109 99% $1.7 million $15,630

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



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