SMC's tuition & fees has increased from $15,930 (2014) to $19,350 (2024), and the rate of tuition increase is 21.47% over the past 10 years.
SMC's tuition increase rate is higher than the South Carolina's average increase rate of 18.52%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 21.52% from 2014 ($28,910).
For the current academic year 2023-2024, SMC's COA is $35,132, which is increased by 0.09% from last year.
The following table and chart show changes to SMC's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 21.47% for the last 10 years , and the 2024 tuition & fees are $19,350. The following table and chart show the tuition & fees changes at Spartanburg Methodist College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $340, and it has decreased -76.39% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,440 | - |
|---|
| 2015-16 | $1,200 | -16.67% |
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| 2016-17 | $1,200 | |
|---|
| 2017-18 | $1,080 | -10.00% |
|---|
| 2018-19 | $750 | -30.56% |
|---|
| 2019-20 | $1,160 | 54.67% |
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| 2020-21 | $1,240 | 6.90% |
|---|
| 2021-22 | $1,240 | |
|---|
| 2022-23 | $340 | -72.58% |
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| 2023-24 | $340 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 31.51% when a student lives on-campus facilities and 36.73% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Spartanburg Methodist College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $11,540 | $10,680 | - |
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| 2015-16 | $11,760 | $10,980 | 1.91% |
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| 2016-17 | $12,010 | $10,980 | 2.13% |
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| 2017-18 | $11,500 | $11,900 | -4.25% |
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| 2018-19 | $11,775 | $11,850 | 2.39% |
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| 2019-20 | $12,950 | $11,900 | 9.98% |
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| 2020-21 | $14,970 | $13,230 | 15.60% |
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| 2021-22 | $15,080 | $13,320 | 0.73% |
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| 2022-23 | $15,410 | $13,320 | 2.19% |
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| 2023-24 | $15,442 | $13,624 | 0.21% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Spartanburg Methodist College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Spartanburg Methodist College | $19,350 | $19,350 | - |
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|
| Anderson University | $33,580 | $31,720 | 5.86% |
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|
| Charleston Southern University | $31,030 | $29,790 | 4.16% |
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|
| Bob Jones University | $21,896 | $21,332 | 2.64% |
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|
| Columbia International University | $27,900 | $26,840 | 3.95% |
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|
| Furman University | $58,312 | $55,772 | 4.55% |
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