Tracy M. Cook President | Alcorn State University
Tracy M. Cook President | Alcorn State University
Data shows that students paid $8,549 on average to attend Alcorn State University courses at the time, $373 more than the previous school year.
For comparison, Mississippi universities charge students an annual average of $9,857 per year.
At the time, a total of $4.9 million in grants or scholarships were awarded to full-time undergraduates who enrolled in the university. Additionally, federal student loans reached $2.5 million.
Currently, there are 2,431 students enrolled in Alcorn State University.
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.
| Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
|---|---|---|---|---|---|---|
| Alcorn State University | 457 | $4,918,577 | $10,763 | 389 | $2,520,069 | $6,478 |
Alerts Sign-up