The cost of tuition at Oglethorpe University rose by 2.9% for the 2022-23 school year, based on the latest available information, according to the latest disclosure from the National Center for Education Statistics.
Students paid $44,060 to attend the private, not-for-profit university this year, which is $1,306 higher than the $42,754 charged during the 2021-22 academic year.
Approximately 82% of the undergraduate student body are residents of Georgia, while about 16% come from other states.
Data indicates that all full-time undergraduates who began studies at Oglethorpe University in the 2022-23 school year received some form of financial aid. A total of 425 students were awarded grants or scholarships amounting to $15.6 million, and 365 students obtained student loans exceeding $2.7 million.
Across the entire undergraduate population, 1,405 students benefited from grants or scholarships totaling $50.3 million. Additionally, 1,003 students borrowed $6.7 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 Oglethorpe 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 | 153 | 36% | $972,746 | $6,358 |
| State / local grant or scholarship | 306 | 72% | $1.7 million | $5,567 |
| Institutional grants or scholarships | 424 | 100% | $12.9 million | $30,375 |
| Grant or scholarship aid total | 425 | 100% | $15.6 million | $36,601 |
| Federal student loans | 349 | 82% | $2 million | $5,626 |
| Other student loans | 61 | 14% | $769,940 | $12,622 |
| Student loan aid | 365 | 86% | $2.7 million | $7,489 |
| Total student aid | 425 | 100% | $18.3 million | $43,032 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
