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.
| 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 |
