Private College Tuition Discount Rate Hits All-Time High Of 56.2%

NACUBO, Tuition Discount Rates at Private Colleges and Universities Top 50 Percent:

In the 2022 NACUBO Tuition Discounting Study, 341 private, nonprofit colleges and universities reported an estimated 56.2 percent average institutional tuition discount rate for first-time, full-time, first-year students in academic year (AY) 2022-23 and 50.9 percent for all undergraduates—both record highs. By providing grants, fellowships, and scholarships, these institutions forgo more than half the revenue they otherwise would collect if they charged all students the tuition and fee sticker price.

• Inside Higher Ed, Tuition Discount Rates Hit New High