Longwood University has announced an increase of 2.77 percent in tuition and mandatory fees for the 2016-17 academic year.
This increase will bring a charge of $12,240 per year for 30 credit hours, a roughly $330 increase from the 2015-16 academic year charge.
The increase was approved by the Board of Visitors during their meeting on Saturday, Apr. 2. This is the third year in a row the university has increased tuition.
According to a press release, this decision “made Longwood the first Virginia institution in more than a decade to approve cost increases of less than 3 percent for a third consecutive year.”
In 2014, in-state tuition and mandatory fees was increased by 2.1 percent, which was the lowest increase the university had in 14 years.
This brought the cost of in-state tuition and mandatory fees for a full course load of 30 credits to $11,580 per year. For out-of-state students, the figure rose to $25,350 per year.
In 2015, the increase rose to 2.85 percent for undergraduate tuition and mandatory fees. The amount charged to students for a full course load rose to $11,910 per year.
“We have a moral obligation, working with our partners in state government to ensure college remains affordable for families and not just a luxury good available to the fortunate few,” stated Reveley in the release. “We are doing our part, which is made possible by focusing on efficient operations, philanthropy and most importantly ensuring students stay on track to graduate, which benefits the Commonwealth, our students, and our financial strength.”
