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Friday, November 1, 2024

Cost of college was unchanged for all students at Arclabs

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Tuition and fees were unchanged for 2018-19 at Arclabs, according to recent data from the U.S. Department of Education.

South Carolina students paid $15,350 to attend the private for-profit school in both the 2017-18 and 2018-19 academic years.

Data shows 87 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 71 students received grants or scholarships totaling $391,581 and 79 students took out student loans totaling more than $629,650.

Including all undergraduates (452), 426 students used grants or scholarships totaling $3 million, and 264 students took out $2.2 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~366$15,350$15,350$15,350$15,3500%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Arclabs in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants6562%$294,781$4,535
State / local grant or scholarship1211%$96,800$8,067
Institutional grants or scholarships00%$0-
Grant or scholarship aid total7168%$391,581$5,515
Federal student loans7975%$629,650$7,970
Other student loans00%$0-
Student loan aid7975%$629,650$7,970
Total student aid9187%--

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