Tuition to rise by 4.9% for 2024-25 school year
The transportation fee, which finances USC initiatives such as the Lyft Rides Program and the Student U-Pass Program, will increase by $23, or roughly 5.4%.
The Board of Trustees voted to increase undergraduate tuition for the 2024-25 academic year by 4.9%, following consecutive 5% increases in the past two academic years. Adjusted for inflation, that’s a 3% hike.
The financial aid pool will increase at the same rate, the University wrote in a statement to the Daily Trojan Tuesday. USC expects to award more than $500 million in need-based and merit-based aid in 2024-25.
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“Funding for student financial aid, which comes from tuition, continues to increase to meet each student’s demonstrated financial need, with the schools also expanding their pool of scholarship funds,” the University wrote.
The annual transportation fee, which finances initiatives such as the Lyft Rides Program and the Student U-Pass Program, will increase by $23, or roughly 5.4%.
The tuition increase brings tuition up to $69,904 for two semesters of study, up $3,264 from the previous academic year.
With housing, meal costs and other fees, the expected cost of attendance for the 2024-25 academic year is $95,225, a 4.7% increase from 2023-24’s $90,921.
USC’s raw tuition increase mirrors raises across private universities across the country: Duke University, Georgetown University, Stanford University and Loyola Marymount University all hiked their tuition by between 4.35% and 5.5% for the 2024-25 academic year.
