High Point University reported a 5.4% tuition increase for the 2022-23 academic year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, four-year, not-for-profit university paid $41,916 this year, which is $2,164 higher than the $39,752 charged during the 2021-22 academic year.
Approximately 24% of the undergraduate student body are residents of North Carolina. The remaining 75% come from other states, while international students account for 1% of undergraduates.
Data indicates that 94% of full-time undergraduates who began studies at High Point University in 2022-23 received some form of financial aid. A total of 1,341 students were awarded grants or scholarships amounting to $24.3 million, and 607 students obtained loans exceeding $8 million.
Across all undergraduate students, 4,311 received grants or scholarships totaling $107.3 million. Additionally, 1,815 students borrowed $12.2 million 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.
The following data includes only full-time students who began an undergraduate program at the High Point 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 | 158 | 11% | $937,990 | $5,937 |
| State / local grant or scholarship | 103 | 7% | $714,090 | $6,933 |
| Institutional grants or scholarships | 1,339 | 89% | $22.7 million | $16,942 |
| Grant or scholarship aid total | 1,341 | 89% | $24.3 million | $18,149 |
| Federal student loans | 578 | 39% | $3.4 million | $5,966 |
| Other student loans | 157 | 10% | $4.5 million | $28,786 |
| Student loan aid | 607 | 40% | $8 million | $13,127 |
| Total student aid | 1,404 | 94% | $32.3 million | $23,009 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
