The average freshman student at a private college got about half off tuition and fees last year, according to annual study released today. Almost 90% of full-time freshmen received a discount on tuition, covering an estimated 55% of it in 2015-16. That’s up slightly, from 54% the previous year. The National Association of College and University Business Officers’ annual survey of tuition discount rates found that, overall, colleges gave out close to 49 cents in grants to freshmen for every dollar of their tuition sticker price.

May 16, 2016 ・ From Money.com