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Historically Black Colleges an Affordable Option

Dec 16, 2009

by Scholarships.com Staff

Are you looking for an affordable college option, but finding yourself less than interested in huge state colleges? You might want to look into attending a HBCU. A new study by the United Negro College Fund finds that, on average, historically black colleges and universities charge much less than their historically white counterparts. The study found that not only do HBCUs charge 31 percent less than comparable institutions, but that their tuition and fees also rose more slowly than similar colleges.

The report compares total tuition charges at UNCF's 39 member institutions with comparable institutions for the 2006-2007 and 2007-2008 academic years. The average tuition and fees at the HBCUs was $20,648 for 2006-2007 and $21,518 for 2007-2008. In comparison, comparable institutions had total tuition and fees of $26,451 and $28,156 respectively. Their tuition charges also rose between 2006-2007 and 2007-2008 at a rate more than double that of HBCUs ($870 to $1706). Five of the HBCUs surveyed did not raise tuition at all, whereas all comparable institutions charged some amount more.

UNCF analyzed data from the National Center for Education Statistics Integrated Postsecondary Education Data System. Comparable schools were selected based on a variety of criteria, including Carnegie Classification, level of institution, degree granting status, and private or public status. However, as U.S. News' Kim Clark points out, the study did not take into account the net prices of these schools--the amount students can actually expect to pay. Many colleges and universities offer substantial scholarships and grants, especially private colleges where most students see significant discounts off the sticker price.  There are a variety of institutional and UNCF-sponsored scholarships offered specifically to students at HBCUs, as well as a number of African American scholarships that can help make tuition more affordable for students at these schools.

With or without financial aid, choosing to attend college at a historically black college or university can result in substantial savings. There are other benefits to attending HBCUs, as well, especially for students who may need extra support. Since many HBCUs serve students from diverse and often disadvantaged backgrounds, they have systems in place to better support students who might otherwise struggle in college. HBCUs also tend to produce students more appreciative of diversity, so if that's important to you, you may find your home at one of these colleges. Regardless of what you ultimately decide, it can't hurt to diversify your college search. By learning about and visiting a variety of schools, you're more likely to find the one that fits you best.

Going to college doesn't have to break the bank or saddle you with tens of thousands of dollars in student loan debt. Check out the Scholarships.com free college scholarship search where you’ll discover you qualify for hundreds of thousands of dollars in scholarships in just a few minutes, then apply and win! It’s that easy!

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