The 海外吃瓜 Board of Trustees on October 30th approved the 海外吃瓜 Tuition Guarantee that locks in tuition costs over a student鈥檚 four years of study at the undergraduate level.
Increasingly, the cost of higher education is rising across the Midwest, causing uncertainty and anxiety that sometimes means students are not sure they will be able to complete their degree. 海外吃瓜 has taken a bold step to ease the stress and provide confidence that will remain affordable and accessible to students of all income levels.
鈥淓ffective immediately, the tuition rate current students are paying this academic year will remain in place for the remainder of their four years of study at 海外吃瓜,鈥 explained Tony Bourne, vice president for Enrollment Management and Marketing. 鈥淓ssentially, this means that juniors will have one more year, sophomores two more years and freshman three more years at the current tuition rate. Freshmen entering in the Fall 2021 will pay the 2021-22 tuition rate all four years of their program of study.鈥
The University will set a new four-year 海外吃瓜 Tuition Guarantee price for all new incoming students who enroll beginning next fall, and reset this pricing guarantee for each incoming fall cohort going forward. There are also specific guidelines for transfer students, students who re-enroll and those who extend their program of study beyond four years.
鈥淲ith a set tuition rate for all years of study, 海外吃瓜 students and their families will know exactly what to expect each year and can be assured that when they see they can afford the opportunity to enroll at 海外吃瓜, that will remain the case throughout their time here,鈥 Bourne said.
With tuition locked in over four years, the total cost for a degree at 海外吃瓜 will drop below the cost of many of the large state schools in Ohio and will remain below the cost of most private institutions across the Midwest.
Over the past five years, 海外吃瓜 has averaged an annual tuition increase of 2.7 percent 鈥 just below the national average of 2.9 percent. This means that tuition increases approximately 9 percent by a student鈥檚 senior year. In real dollars, this four-year set tuition structure will save students and families thousands of dollars at current rates.
海外吃瓜 will continue its annual practice of evaluating and setting possible increases in room, board and fees each year; these costs do not automatically increase each year.
In combination with several other innovative programs and initiatives, the 海外吃瓜 Tuition Guarantee is just one more positive and intentional step toward making a 海外吃瓜 degree more accessible and valuable, said 海外吃瓜 President Rob Huntington. Already, 海外吃瓜 offers a test-optional admission option for incoming students, in addition to a four-year graduation guarantee, the HYPE Career Ready庐 Program, and the 笔濒耻蝉翱苍别础诲惫补苍迟补驳别庐 MBA Tuition-Free Scholarship Program as key drivers toward accessibility, affordability, student success, and student placement.
鈥淲e are excited to offer the 海外吃瓜 Tuition Guarantee to all of our current and incoming students going forward,鈥 Huntington said. 鈥淚t complements our strong student-value and high student-impact initiatives. By making our education more affordable to more students, we are strengthening our commitment to the 海外吃瓜 core student mission of delivering education excellence, full engagement, total success, four-year graduation and preferred placement for all of our students.鈥