Cost of college at Holmes Community College remained the same for all students in 2022-23 school year

Jim Haffey President of Holmes Community College
Jim Haffey President of Holmes Community College
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Holmes Community College maintained its in-state tuition fees for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Mississippi residents were charged $3,510 to attend the two-year public college in both the 2021-22 and 2022-23 academic years.

Out-of-state students paid 76.9% more than in-state students during the 2022-23 academic year, amounting to $6,210. This rate was consistent with the previous 2021-22 school year.

Approximately 98% of the undergraduate students at Holmes Community College are Mississippi residents, while about 2% come from other states.

Data indicates that 90% of full-time undergraduates who enrolled in the 2022-23 academic year received some form of financial aid. A total of 858 students were awarded grants or scholarships totaling $4.9 million, and 54 students borrowed more than $209,971 in student loans.

Across the entire undergraduate body, 2,774 students benefited from grants or scholarships amounting to $13.9 million. Additionally, 592 students obtained $3.3 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Holmes Community College 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 599 61% $3.5 million $5,850
State / local grant or scholarship 263 27% $228,575 $869
Institutional grants or scholarships 460 47% $1.2 million $2,572
Grant or scholarship aid total 858 87% $4.9 million $5,730
Federal student loans 53 5% $205,971 $3,886
Other student loans 0 0% $0 $0
Student loan aid 54 5% $209,971 $3,888
Total student aid 884 90% $5.1 million $5,798

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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