Average Net Price over Time for Full-Time Students at Public Four-Year Institutions
After declining from $2,680 (in 2014 dollars) in 2007-08 to $2,030 in 2009-10, the estimated average net tuition and fee price paid by full-time in-state students at public four-year institutions has risen to about $3,030 in 2014-15.
Figure 12: Average Published and Net Prices in 2014 Dollars, Full-Time In-State Undergraduate Students at Public Four-Year Institutions, 1994-95 to 2014-15
Notes & Sources
NOTES: Because information on grant aid for 2014-15 is not yet available, the net price for 2014-15 is estimated based on 2013-14 financial aid. The estimate of average grant aid does not account for differences between the aid received by in-state and out-of-state students. Prices and grant aid are rounded to the nearest $10.
SOURCES: The College Board, Annual Survey of Colleges; Trends in Student Aid 2014.
- In 2014-15, full-time students at public four-year colleges receive an average of about $6,110 in a combination of grant aid from all sources and education tax credits and deductions.
- In 2009-10, both the federal Pell Grant program and expanded education tax credits helped to reduce the net prices facing undergraduate students.
- Between 2010-11 and 2012-13, published tuition and fees in the public four-year sector increased by 8% ($650 in 2014 dollars), while estimated grant aid per student declined, leading to rapid growth in the net prices facing students.
- In addition to an estimated average net tuition and fee price of $3,030, students living on campus at public four-year colleges and universities face an average room and board charge of $9,800, leading to total net charges of $12,830 in 2014-15.