Stanly Community College did not increase in-state tuition fees for the 2022-23 school year, as confirmed by the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Residents of North Carolina paid $2,794 to attend the two-year public college in both the 2021-22 and 2022-23 academic years.
Students from outside North Carolina faced tuition costs 230.9% higher than residents in 2022-23, amounting to $9,245. This rate remained unchanged from the previous academic year.
The entire undergraduate student body at the college consists of North Carolina residents.
Data indicates that 66% of full-time undergraduates who enrolled at Stanly Community College in 2022-23 received some form of student financial aid. A total of 50 students were awarded grants or scholarships amounting to $386,055.
Across all undergraduate students, 823 individuals benefited from grants or scholarships totaling $5.9 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 42 | 55% | $285,486 | $6,797 |
| State / local grant or scholarship | 36 | 47% | $87,136 | $2,420 |
| Institutional grants or scholarships | 9 | 12% | $13,433 | $1,493 |
| Grant or scholarship aid total | 50 | 66% | $386,055 | $7,721 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 50 | 66% | $386,055 | $7,721 |
