Furman University
4 Year Degrees
Main Campus
Southeast Region
http://www.furman.edu/
Average Annual Tuition at Furman University
The latest data we have for Furman University's annual average net costs are from 2021. These costs and and the average South Carolina schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| Furman University | $55,772 | $55,772 | $23,250 | $32,563 |
| SC Average | $23,698 | $23,698 | $26,551 | $20,046 |
As you can see, annual costs at Furman University have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in South Carolina as well. South Carolina's' higher education costs rose by 28.1% in just the last 10 years, ranking as the 36th highest state.
Furman University Financial Assistance
28% of students enrolled at Furman University receive some form of Federal loan assistance. You can view Furman University's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
South Carolina has two Future Scholar 529 savings plans. The direct-sold plan is available only to South Carolina residents while the advisor-sold plan is sold nationally. The state’s prepaid tuition program is no longer accepting new enrollment.
| State Plan Name: | Future Scholar 529 College Savings Plan |
|---|---|
| Minimum Contribution: | $0 |
| Maximum Contribution: | Contributions are restricted by beneficiary, so you can contribute to multiple people, but the maximum to a single beneficiary, across all of their 529 accounts, cannot be more than $500,000. |
| Fees: | Vary by portfolio, but there are no account or program management fees |
South Carolina School Statistics
We've analyzed all other higher education schools in SC, and wrapped it up nicely into a report for you. View our SC analysis report.
There are 28 other accredited private schools located in the state of South Carolina. You can view all SC schools here.