The University of Mobile reported a 4.1% tuition increase for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private, not-for-profit university paid $25,880 this year, which is $1,025 higher than the $24,855 charged during the 2021-22 academic year.
Approximately 71% of the university’s undergraduate students are residents of Alabama, while about 20% come from other states and 10% are international students.
Data indicates that all full-time undergraduates who began their studies at the University of Mobile in 2022-23 received some form of student financial aid. A total of 250 students were awarded grants or scholarships amounting to $4.7 million, and 156 students took out loans exceeding $1.1 million.
Across the entire undergraduate population, 1,095 students received grants or scholarships totaling $20.8 million. Additionally, 679 students borrowed $4.8 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.
The following data includes only full-time students who began an undergraduate program at the the University of Mobile in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 103 | 38% | $733,643 | $7,123 |
| State / local grant or scholarship | 165 | 61% | $338,160 | $2,049 |
| Institutional grants or scholarships | 245 | 90% | $3.7 million | $14,971 |
| Grant or scholarship aid total | 250 | 92% | $4.7 million | $18,958 |
| Federal student loans | 155 | 57% | $874,328 | $5,641 |
| Other student loans | 15 | 6% | $202,257 | $13,484 |
| Student loan aid | 156 | 57% | $1.1 million | $6,901 |
| Total student aid | 272 | 100% | $5.8 million | $21,383 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
