Full Sail University reported a 2.4% tuition increase for the 2022-23 school year, as per the latest information released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit institution paid $26,307 this year, an increase of $620 from the $25,687 tuition charged during the 2021-22 academic year.
Approximately 22% of Full Sail University’s undergraduate students are residents of Florida, while around 77% come from other states.
Data indicates that 91% of full-time undergraduates who began studies at Full Sail University in 2022-23 received some form of student financial aid. A total of 4,542 students were awarded grants or scholarships amounting to $38.5 million, and 4,354 students secured student loans exceeding $34.4 million.
Across all undergraduate students, 18,316 received grants or scholarships totaling $137.6 million. Additionally, 15,771 students obtained federal student loans totaling $160.3 million.
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 Full Sail University 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 | 3,697 | 70% | $20.3 million | $5,485 |
| State / local grant or scholarship | 245 | 5% | $401,415 | $1,638 |
| Institutional grants or scholarships | 3,036 | 58% | $17.8 million | $5,871 |
| Grant or scholarship aid total | 4,542 | 86% | $38.5 million | $8,478 |
| Federal student loans | 4,343 | 82% | $29.1 million | $6,697 |
| Other student loans | 199 | 4% | $5.4 million | $26,939 |
| Student loan aid | 4,354 | 83% | $34.4 million | $7,911 |
| Total student aid | 4,803 | 91% | $72.9 million | $15,188 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
