What does it cost to educate our children?
SHSAA seeks donations to increase the size and number of scholarships it gives each year.
The alumni association’s board is proud that it has been able to give approximately $350,000 in scholarships annually in recent years. However, even while trying to help as many students as possible, the association's current funding allows for only about one-third of each graduating class to receive a Salem High School Alumni Association Scholarship. Though the majority of these are substantial scholarships of several thousand dollars each, SHSAA scholarships cover only a portion of college costs.
The escalating costs of college attendance adds urgency to our mission to help provide more scholarships to new Salem High School graduates and alumni. The U.S. Department of Education reports:
- Undergraduate tuition, room, and board at public institutions rose 39% between 2002–03 and 2012–13, after adjustment for inflation.
- At private not-for-profit institutions the cost of tuition, room and board rose 27%.
- At private, for-profit institutions tuition, room, and board was 7% higher.
- Student loan debt nationally exceeds $1 trillion.
The College Board reports that "about 60% of students who earned bachelor’s degrees in 2012-13 from the public and private nonprofit institutions at which they began their studies graduated with debt. They borrowed an average of $27,300."
2014-15 Annual Costs:
|Full-Time Enrollment||Tuition & Fees||Residence Hall Fees|
|Ohio Public 4-Year Colleges & Universities(a)||$7,364 to $14,013||$8,244 to $11,058|
|U.S. Private, Nonprofit Universities(b)||$29,056||$10,462|
|Ohio Public 2-Year Community Colleges(a)||$3,077 to $4,718||info not available|
|Ohio Public Technical School(a)||$4,296 to $7,149||info not available|
(a) Ohio Board of Regents
(b) US. Department of Education, National Center for Education Statistics