Tuition fees at Shenandoah University rose by 2% for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $35,170 this year, which is $680 higher than the $34,490 charged during the 2021-22 academic year.
Approximately 52% of the university’s undergraduate students are residents of Virginia, while about 48% come from other states.
Data indicates that all full-time undergraduates who began studies at Shenandoah University in 2022-23 received some form of financial aid. In total, 475 students were awarded grants or scholarships amounting to $11.4 million, and 448 students secured student loans exceeding $4.2 million.
Across the entire undergraduate population, 2,070 students received grants or scholarships totaling $41.9 million. Additionally, 1,439 students borrowed $8.8 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 Shenandoah 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 | 223 | 47% | $617,522 | $2,769 |
| State / local grant or scholarship | 287 | 60% | $1.1 million | $3,978 |
| Institutional grants or scholarships | 475 | 100% | $9.7 million | $20,396 |
| Grant or scholarship aid total | 475 | 100% | $11.4 million | $24,100 |
| Federal student loans | 446 | 94% | $2.7 million | $6,009 |
| Other student loans | 75 | 16% | $1.5 million | $19,845 |
| Student loan aid | 448 | 94% | $4.2 million | $9,305 |
| Total student aid | 475 | 100% | $15.6 million | $32,875 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
