Union University reported a 3.9% tuition increase for the 2022-23 academic year, based on its 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 $36,880 this year, which is $1,370 higher than the $35,510 charged during the 2021-22 school year.
Approximately 62% of the undergraduate student body at Union University are Tennessee residents, while about 36% come from other states and 2% are international students.
Data indicates that every full-time undergraduate who began studies at Union University in 2022-23 received some form of financial aid. A total of 327 students were awarded grants or scholarships amounting to $9.4 million, and 125 students obtained student loans exceeding $1 million.
Across all undergraduates, 1,509 students benefited from grants or scholarships totaling $39.5 million. Additionally, 894 students borrowed $9.5 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 Union 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 | 69 | 21% | $485,240 | $7,032 |
| State / local grant or scholarship | 190 | 58% | $1.1 million | $5,601 |
| Institutional grants or scholarships | 326 | 100% | $7.8 million | $24,006 |
| Grant or scholarship aid total | 327 | 100% | $9.4 million | $28,671 |
| Federal student loans | 125 | 38% | $813,254 | $6,506 |
| Other student loans | 14 | 4% | $210,091 | $15,007 |
| Student loan aid | 125 | 38% | $1 million | $8,187 |
| Total student aid | 327 | 100% | $10.4 million | $31,800 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
