Indiana University trustees approve two-year undergraduate tuition freeze at IU Bloomington
FOR IMMEDIATE RELEASE
INDIANAPOLIS -- The Indiana University Board of Trustees has approved the tuition recommendations presented by President Michael A. McRobbie that will freeze undergraduate tuition for the next two years for Indiana residents attending the university’s Bloomington campus.
The tuition freeze recommendation represents an expansion of the extensive tuition control efforts over the past two years that have resulted in no increases for more than 18,000 IU students, while keeping increases for other students to their lowest levels in nearly 40 years. IU also has tripled the amount of institutional aid provided to undergraduate Indiana resident students through scholarships and grants over the past seven years and doubled the total amount of aid available to all students during that period.
“At the same time that IU is graduating more students and producing more on-time graduates than ever, we have placed an even greater priority on ensuring that students leave IU with as little debt as possible,” McRobbie said in his remarks at today’s public forum on the tuition recommendations. He also noted that IU has helped its undergraduates lower their student borrowing by $44 million -- or 16 percent -- over the past two years.
“IU Bloomington students already enjoy the lowest average net cost of attendance among Big Ten institutions, and the tuition rates approved today will further strengthen our efforts to keep an IU education affordable for all students,” McRobbie added.
The tuition freeze for resident students comes on the heels of increased state appropriations over the next two years for IU Bloomington due largely to IU’s strong commitment to performance funding metrics established by the Indiana Commission for Higher Education.
Over the past three years, IU has accounted for 63 percent of the net increase in bachelor’s degrees awarded by the state’s public higher educational institutions, 68 percent of the increase in on-time degrees and 79 percent of the total increase in high-impact degrees, such as those offered in STEM-related disciplines. This year, more than 20,000 students received IU degrees across the state, a record level for the university.
“State leaders have called upon Indiana’s public universities and colleges to produce more Hoosier graduates who have the skills necessary to succeed in today’s global job market,” McRobbie said. “They have also called on us to do more to ensure that students persist to graduate and complete their degrees on time. Our response to these challenges clearly demonstrates that the university’s mission and actions are closely aligned to the goals of the state.”
In addition to the freeze for resident students, the trustees approved a 1.5 percent increase for nonresident students at IU Bloomington for the next two years. Tuition increases at Indiana University-Purdue University Indianapolis and IU’s five regional campuses will increase by an average of 1.65 percent, which is consistent with the Indiana Commission for Higher Education’s recently announced guidelines on tuition.
In addition, IU has committed to working with the commission to set “banded” tuition rates for IUPUI and IU's regional campuses by the start of the 2016-17 academic year. Under such a structure, which is used at IU Bloomington, students pay a set price for a “band” of course hours, rather than by the credit hour, thus encouraging students to take more classes in keeping with efforts to promote on-time graduation for as many students as possible.
Graduate school tuition increases for Indiana residents will vary by school but will average about 2 percent and be limited to a maximum of 3 percent. Nonresident graduate school tuition would increase just under 3 percent on average.
Associate vice president, IU Communications
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