The cost of tuition at Thomas More College of Liberal Arts rose by 11.1% for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $28,000 to attend the private, four-year not-for-profit college this year, which is $2,800 higher than the $25,200 charged during the 2021-22 academic year.
Approximately 20% of the undergraduate student body at the college are residents of New Hampshire, while around 80% come from other states.
Data reveals that 96% of full-time undergraduates who began studies at Thomas More College of Liberal Arts in 2022-23 received some form of student financial aid. Among them, 23 students were awarded grants or scholarships totaling $453,176, and 21 students took out loans exceeding $112,750.
Across all undergraduate students, 93 individuals received grants or scholarships amounting to $1.7 million. Additionally, 83 students secured federal student loans totaling $562,878.
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 Thomas More College of Liberal Arts 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 | 12 | 50% | $60,861 | $5,072 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 23 | 96% | $392,315 | $17,057 |
| Grant or scholarship aid total | 23 | 96% | $453,176 | $19,703 |
| Federal student loans | 21 | 88% | $112,750 | $5,369 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 21 | 88% | $112,750 | $5,369 |
| Total student aid | 23 | 96% | $565,926 | $24,605 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
