SPC Named Among Top 10 Most Affordable HBCUs
March 9, 2022
St. Philip’s College has been ranked among the top 10 most affordable historically Black colleges and universities (HBCU) by Student Loan Hero. The College ranks nine among all institutions and number one in Texas for affordability. With a yearly net cost-of-attendance of $6,250, it also ranks the third lowest in student loan debt among graduates from HBCUs.
Student Loan Hero researchers reviewed Department of Education College Scorecard data, using average annual net costs, which include tuition, room, board, and books, to determine most and least affordability. Student Loan Hero was founded in 2012 to help student loan borrowers organize, manage, and repay their student loan debt through smarter and more informed decisions.
Today, there are over 100 HBCUs across the U.S. granting degrees to students of all racial and ethnic backgrounds. The College has been recognized as one of the fastest growing HBCU’s, as listed in a December 2021 article by the Business Journal.
Complete rankings and methodology details are available here.