Cost of education increases for all University of North Carolina School of the Arts students in 2022-23 school year

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The University of North Carolina School of the Arts raised in-state tuition by 5% for the 2022-23 academic year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

North Carolina residents paid $9,388 to attend the public four-year institution during both the 2021-22 and 2022-23 school years.

Non-resident students were charged 183.6% more than in-state students in 2022-23, totaling $26,622. This amount remained the same as the previous academic year.

Approximately 43% of the undergraduate body at the school are residents of North Carolina. Students from other states make up about 52%, while international students account for 3%.

Data indicates that 80% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. Specifically, 143 students were awarded grants or scholarships totaling $1.8 million, and 102 students borrowed over $866,402 in student loans.

Among all undergraduates, 618 students received grants or scholarships amounting to $7.2 million. Additionally, 429 students took out federal student loans totaling $2.7 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 North Carolina School of the Arts 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 54 26% $317,786 $5,885
State / local grant or scholarship 39 19% $218,225 $5,596
Institutional grants or scholarships 139 66% $1.3 million $9,157
Grant or scholarship aid total 143 68% $1.8 million $12,649
Federal student loans 101 48% $521,364 $5,162
Other student loans 16 8% $345,038 $21,565
Student loan aid 102 49% $866,402 $8,494
Total student aid 169 80% $2.7 million $15,829

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



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