Cost of education increases for University of North Carolina at Chapel Hill students in 2022-23 school year

Lee H. Roberts Chancellor of The University of North Carolina at Chapel Hill - unc.edu
Lee H. Roberts Chancellor of The University of North Carolina at Chapel Hill - unc.edu
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The University of North Carolina at Chapel Hill reported a 1.8% rise in out-of-state tuition for the 2022-23 school year, based on its most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

North Carolina residents paid $8,989 to attend the public university this year, which is $39 less than the $9,028 charged during the 2021-22 academic year.

Non-resident students were charged $37,550 for the 2022-23 school year, representing a 317.7% increase over resident tuition. This amount reflects a 1.8% increase from $36,891 in the previous year.

Approximately 83% of the university’s undergraduate students are North Carolina residents, while about 12% come from other states and 4% are international students.

Data indicates that 58% of full-time undergraduates who began studies in 2022-23 received some form of financial aid. A total of 1,685 students were awarded grants or scholarships amounting to $25.9 million, and 855 students borrowed over $7 million in student loans.

Across the entire undergraduate population, 10,305 students received grants or scholarships totaling $156.8 million. Additionally, 3,666 students obtained $19.9 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the the University of North Carolina at Chapel Hill in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants85119%$4.5 million$5,251
State / local grant or scholarship79118%$4 million$5,015
Institutional grants or scholarships1,49134%$17.5 million$11,706
Grant or scholarship aid total1,68538%$25.9 million$15,365
Federal student loans80318%$3.8 million$4,707
Other student loans42310%$3.3 million$7,725
Student loan aid85519%$7 million$8,243
Total student aid2,58658%$32.9 million$12,736
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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