Samantha McKenzie Holmes Vice Chancellor and Chief of Staff | Official Website
Samantha McKenzie Holmes Vice Chancellor and Chief of Staff | Official Website
Data shows that students paid $6,405 on average to attend higher education courses at the time, less than the $655 charged for the previous school year.
Among the seven institutions in the county, Methodist University stood out with the highest tuition fees, reaching an average of $38,138. Paul Mitchell the School-Fayetteville followed with an average of $16,575 per year. Fayetteville Technical Community College students were offered the lowest annual tuition fees at $2,871.
At the time, a total of $18.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Cumberland County universities in the 2022-23 school year. Additionally, federal student loans reached $6 million.
Currently there are seven higher education institutions in Cumberland County, including Paul Mitchell the School-Fayetteville, Miller-Motte College-Fayetteville, and Methodist 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 |
---|---|---|---|---|---|---|
Carolina College of Biblical Studies | 0 | $0 | $0 | 0 | $0 | $0 |
Fayetteville Technical Community College | 436 | $2,766,240 | $6,345 | 144 | $830,900 | $5,770 |
Miller-Motte College-Fayetteville | 52 | $211,961 | $4,076 | 51 | $260,113 | $5,100 |
Methodist University | 322 | $8,948,996 | $27,792 | 238 | $2,049,886 | $8,613 |
Paul Mitchell the School-Fayetteville | 39 | $219,942 | $5,640 | 40 | $337,999 | $8,450 |
Fayetteville State University | 698 | $5,995,230 | $8,589 | 458 | $2,523,145 | $5,509 |
Manna University | 0 | $0 | $0 | 0 | $0 | $0 |