This story has been updated to include a statement from the university received Tuesday afternoon.
USC has increased undergraduate tuition to $66,640 for the upcoming 2023-24 school year.
This is a 5% increase in annual tuition, the same percent change that the university announced last year.
This new tuition figure for the upcoming academic year was posted Tuesday on the university’s undergraduate admission website. Current undergraduate students have not received an official announcement on this increase from the university.
“Like other universities across the country, inflation is impacting our costs,” the university said in a statement to Annenberg Media.
This cost does not include other student fees, including dining, housing and supplies such as books. The university estimates that with additional charges included, students living on or near campus will pay a total of $90,921.
In a statement from the university, officials said that the financial aid pool will reflect this uptick in tuition as it has in the past.
“Funding for student financial aid increases every year to continue to meet each student’s demonstrated financial need,” according to the statement. “More than $814 million was awarded from all sources for the 2022-23 academic year, including work-study and loans. USC’s undergraduate financial aid pool is expected to increase 7%.”