CTAS cost forecasts for South Carolina’s 22/23 academic year and full 4-year program
CTAS is sharing its projections for 2022/23 academic year costs with information on individual colleges as a recurring feature. Similar information for over 3,000 2- and 4-year schools is available at the CTAS site.
This post projects average net costs for the University of South Carolina in Columbia.
The University of South Carolina (UofSC) weights its institutional aid heavily towards high-scoring out-of-state students, including the roughly 10% of UofSC’s first-year classes entering its Honors College. The average net prices provided here are useful as a reference but please keep in mind that test results were very important to UofSC before COVID. Our estimate is that each point above 1300 on the SAT led to approximately $100 in merit aid, up to about $20,000 for out-of-state students. (A lower incremental benefit from high test scores applies to South Carolina residents.) Higher ed’s move towards test optional suggests that certain schools, perhaps midsize private colleges, will react by prioritizing high test scores in admissions to gain an edge in a market segment. UofSC is currently test optional and it remains to be seen how its future approach to test scores will evolve. If UofSC prioritizes test results in the future, it would be in keeping with its enrollment philosophy and would be an illustration of how private college enrollment practices have been working their way into large public university recruiting. Worth tracking.
These projections represent informational projections that will change over time and are not a commitment either by CTAS or the applicable colleges. Figures are rounded to the $500 avoid false specificity. Final net cost numbers will differ from these estimates for many reasons: changes to economic trends, decisions by the colleges both about their own policy and enrollment, as well as decisions about individual students. Estimates of full program costs assume graduation in 4-years (for Bachelor’s) or 2-years (Associate) without any gaps, delays or added semesters/quarters. We take pride in our numbers so, if you believe any of the figures need correction, please reach out to us at firstname.lastname@example.org and we will work with you to resolve the issue.
Please find more information at the CTAS site. Reports for residents of a given state and by individual colleges are available for different membership tiers. CTAS also provides personalized cost estimates for individual students and their family and offers no-fixed-cost financial aid appeals services.
Average Net Cost is a consumer-centric metric which shows costs as they are presented in commercial transactions outside of higher education. It represents a full-time student’s cost of attending college including: tuition, room & board, fees and estimates of supplies less institutional aid of all kinds (including need-based and merit), and less federal and state/local aid. Loans and other repayable amounts, along with work study earnings, are excluded and do not reduce the cost. Room and board charges are on-campus costs for residential colleges; for students attending non-residential institutions, the college’s own estimate of such off-campus costs is mostly used. CTAS’ Net Cost differs from the Net Price figure self-reported by colleges because it is comprehensive and covers all entering students, including the approximately 40% not included in Net Price calculations.