"In the 2021 NACUBO Tuition Discounting Study, 359 private, nonprofit colleges and universities reported an estimated 54.5 percent average institutional tuition discount rate for first-time, full-time, first-year students in 2021-22 and 49 percent for all undergraduates—both record highs. By providing grants, fellowships, and scholarships, these institutions forgo about half the revenue they otherwise would collect if they charged all students the tuition and fee sticker price."
(Note that this article specifically indicates 82.5% received grant aid.)
> And 11% is not an insignificant number.
It is, as much of that will be international students.
That doesn't appear to be the case.
https://www.nacubo.org/Press-Releases/2022/Tuition-Discount-...
"In the 2021 NACUBO Tuition Discounting Study, 359 private, nonprofit colleges and universities reported an estimated 54.5 percent average institutional tuition discount rate for first-time, full-time, first-year students in 2021-22 and 49 percent for all undergraduates—both record highs. By providing grants, fellowships, and scholarships, these institutions forgo about half the revenue they otherwise would collect if they charged all students the tuition and fee sticker price."
(Note that this article specifically indicates 82.5% received grant aid.)
> And 11% is not an insignificant number.
It is, as much of that will be international students.