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      • For fiscal year 2021, the University recognized $164 million of net tuition and fee revenue; gross tuition and fee revenue was $312 million and institutional aid was $148 million. Therefore, on average, for every dollar of tuition and fee revenue charged, 47 percent is provided back to students as a discount.
      financialservices.howard.edu/tuition-fees/tuition-faqs
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  2. respects, the financial position, changes in net assets and cash flows of The Howard University for the periods presented herein. Furthermore, I hereby certify that The Howard University, as Borrower under separate agreements with certain banks and lending institutions, is in compliance with the

  3. Academic services revenue increased 26% or $68.1 million to $326.8 million, due to increase in revenue from tuition and fees, net, grants and contracts, and a rebound of 415% in auxiliary services to $40.9 million, following prior years decline with fewer students on campus during COVID-19.

  4. income, increased 96% to $255.5 million. The University’s operating expenses increased by $16.7 million, or 2%, to $857.4 million for the fiscal year ending June 30, 2021. Employment expense (i.e., salaries, wages, and benefits) increased 4%, or $20.3 million, to $479.8 million.

  5. The Howard University Annual Report provides an overview of the academic and fiscal year, including information on the University's accomplishments, enrollment, and operating performance.

  6. At Howard, approximately 48% of students took out student loans averaging $5,628 a year. That adds up to $22,512 over four years for those students. The student loan default rate at Howard is 6.0%.

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  7. Median earnings of 2018 and 2019 graduates for the first full year calendar after graduation, reported in 2021 dollars. The earnings data reflected on this page are the latest available as January 2024.

  8. The Cost of Attendance (COA) is an average estimate of what it costs a typical undergraduate student to attend Howard University for one academic year. Your cost of attendance estimate doesn't only include tuition. It also takes basic living and commuting expenses into account.

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