Friday, January 25, 2013

UIS tuition rates set for the 2013-14 academic year

Tuition rates have been set for next fall for incoming University of Illinois Springfield students. Guaranteed four-year tuition for incoming in-state freshmen would increase 1.7 percent – or the equivalent of 0.7 percent per year during the four years that rates are locked in under the state’s guaranteed tuition law. The tuition guarantee was launched in 2004 to help students and families plan for the cost of a public university education by fixing tuition rates for the four years required to complete most undergraduate degree programs.

The increase adheres to an inflation-neutral tuition-setting policy enacted by the Board two years ago that aims to hold down costs by limiting increases to an index of the cost of living, barring significant reductions in state funding or other University support. The 1.7 percent increase tracks closely with both the Consumer Price Index and the Higher Education Price Index, which monitors costs for the nation’s colleges and universities. The percentage increase would be the smallest since 1994 on all three campuses.

UIS Chancellor Susan Koch said, “This modest tuition increase, along with our continued careful fiscal management, will help to insure that the exceptional and personalized educational experience that we provide at UIS will remain accessible to students regardless of their financial circumstances.”

More information on the tuition costs for the 2013-14 academic year

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