The annual National Association of College and University Business Officers (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.

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.