Average Net Price over Time for Full-Time Students at Public Four-Year Institutions
In 2017-18, the average full-time in-state public four-year college student receives an estimated $5,830 in grant aid and federal tax credits and deductions, covering 58% of the $9,970 published tuition and fee price.
Figure 9: Average Published and Net Prices in 2017 Dollars, Full-Time In-State Undergraduate Students at Public Four-Year Institutions, 1997-98 to 2017-18
Notes & Sources
NOTES: Estimates of net price exclude military/veterans aid, which awards relatively large amounts to a small number of students. Because information on grant aid and education tax benefits for 2017-18 is not yet available, the net price for 2017-18 is estimated based on 2016-17 financial aid data.
SOURCES: College Board, Annual Survey of Colleges; Trends in Student Aid 2017; NCES, IPEDS Fall Enrollment data.
- In 2017-18, the estimated average net tuition and fee price paid by full-time in-state students at public four-year institutions is $4,140, $1,070 (in 2017 dollars) higher than the net price a decade earlier and $2,020 higher than the 2009-10 low of $2,120.
- On average, the $1,570 (in 2017 dollars) increase in grant aid and federal tax credits and deductions covered 80% of the $1,960 increase in published tuition and fees between 2007-08 and 2012-13. But the $50 increase in aid between 2012-13 and 2017-18 covered only 7% of the $730 price increase.
- In 2017-18, full-time in-state students at public four-year institutions face an average of $14,940 in charges for tuition and fees and room and board combined, net of grant aid and tax benefits.