Mars Hill University reported a 2.5% tuition increase for the 2022-23 academic year, as revealed in its 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 institution paid $36,557 this year, which is $902 higher than the $35,655 charged during the 2021-22 academic year.
Approximately 54% of the university’s undergraduate students are residents of North Carolina. Students from other states make up about 36%, while international students represent 2% of the undergraduate population.
Data indicates that 98% of full-time undergraduates who began their studies at Mars Hill University in 2022-23 received some form of student financial aid. A total of 241 students were awarded grants or scholarships amounting to $7 million, while 165 students borrowed over $1.4 million in student loans.
Across the entire undergraduate body, 959 students received grants or scholarships totaling $28.4 million. Additionally, 628 students took out federal student loans totaling $4.1 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 | 99 | 40% | $548,549 | $5,541 |
| State / local grant or scholarship | 88 | 36% | $555,490 | $6,312 |
| Institutional grants or scholarships | 239 | 97% | $5.9 million | $24,536 |
| Grant or scholarship aid total | 241 | 98% | $7 million | $28,914 |
| Federal student loans | 163 | 66% | $869,594 | $5,335 |
| Other student loans | 41 | 17% | $543,408 | $13,254 |
| Student loan aid | 165 | 67% | $1.4 million | $8,564 |
| Total student aid | 241 | 98% | $8.4 million | $34,776 |
