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2021 Tuition Discounting Study

The annual NACUBO Tuition Discounting Study (TDS) measures institutional tuition discount rates and other indicators of institutionally funded scholarships awarded to undergraduates attending private, nonprofit (independent) colleges and universities. Data collection for the 2022 TDS began in October 2022 and will be posted by April 2023. See the TDS Glossary for more information.

The 2021 TDS includes data from 359 private nonprofit colleges and universities, and provides information on tuition discount rates during academic year 2020-21 and estimates for 2021-22. See also:


How to Access the Study

If you were a participating institution, you can access your complimentary copy by sending an email to

**NOTE: The 2021 TDS final report is not yet available in the NACUBO Bookstore. If your institution did not participate and you wish to get a copy, please email We apologize for any inconvenience.

 In the meantime, the 2020 TDS report is available for purchase.

Purchase 2020 Report


Benchmarking Tool Update

**NEW** We are pleased to announce that the NACUBO Tuition Discounting Study Online Benchmarking Tool is in service. This Benchmarking Tool, created in partnership with Hanover Research, will provide you with additional TDS data analyses that can help you set goals and relevant strategies. The tool allows you to compare your TDS results with self-selected groups of peer institutions. The tool provides TDS data from 2019-20 to 2021-22.  

Visit the NACUBO Benchmarking Tool Frequently Asked Questions page for further information about this new service.

To access the Tool, you must be a current NACUBO member that completed the 2021 Tuition Discounting Study. You will also need a unique User ID and password.

To find your school's User ID and password, please send an email to 

Tuition Discounting at Public Colleges and Universities

In 2020, NACUBO explored the trends in institutional financial aid awarded to full-time, first-time undergraduate students enrolled in public colleges and universities. Although direct comparisons cannot be drawn between the analysis of public institutions and the TDS, the discount rates at public institutions were lower than historical discount rates at private colleges and universities due to variations in the sticker price of tuition and fees between public and private, nonprofit institutions, the availability of institutional aid (sources of funding) to award to students, and constrained state budgets, to name a few. NACUBO members can view the 2020 brief here on the Solutions Exchange.

Sponsorship Information

For more information about supporting the TDS, please contact our business development team at or visit our Corporate Opportunities page.


Ken Redd

Senior Director, Research and Policy Analysis


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NACUBO Student Financial Services Benchmarking Report

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