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Home / Industry / Education / UR to hike tuition, financial assistance for next academic year

UR to hike tuition, financial assistance for next academic year

Tuition for University of Rochester undergraduates is increasing for the 2016-2017 academic year, university leaders announced Friday, adding that financial assistance will be increased as well.

Tuition for undergraduates will rise 3.8 percent to $49,260. Room and board for undergraduates will also increase 3.7 percent to $14,818.

The commitment to undergraduate financial aid will increase 13.5 percent to $122.2 million.

More than 86 percent of UR undergraduates receive some form of financial aid, school officials said, noting the average amount of grant aid in 2015-16 was $28,344.

“We very carefully evaluate each year to how to strike the best balance between our costs to students and having the ability to do the things that make our university even stronger. We want to continue to provide students and families the strongest return on their investment in education, while keeping the highly valued Rochester degree accessible and affordable,” said University President and CEO Joel Seligman.

“Providing needed financial assistance to students is an institutional priority, evident through our fundraising emphasis on scholarships in the Meliora Challenge capital campaign. To date, we have raised more than $200 million for scholarships to support deserving students in becoming University of Rochester graduates.”

Tuition for the Eastman School of Music will also increase 3.8 percent to $49,600.

The Simon School of Business announced a 12.1 decrease in tuition in August 2015 to $46,000, a move analysts said would help the school to be more competitive.

Tuition rates at the university’s other professional schools will be increasing for the 2016-17 academic year:

  • School of Nursing’s three-semester accelerated program: $63,702, a 3.7 percent increase;
  • Warner Graduate School of Education: $44,480, a 3.7 percent increase; and
  • School of Medicine and Dentistry: $52,400, a 4.2 percent increase.

The University Board of Trustees approved these rates for all schools at its March meeting.

(c) 2016 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email rbj@rbj.net.

One comment

  1. Why is any college or university raising tuition? Cost of labor? I still hear from relatives in the instructor business who barely earn enough money to pay off their own student loans. Facilities? Get real students, this is not a private club. Research? Not believing that one. Infrastructure such as faster computer networks and bike paths? Maybe once a decade. There is no excuse for more than a 1% increase in total cost. If there is no ethical or legal responsibility from the university, the students and the banks must refuse to pay. Where’s the investigative reporting? Where’s the end of this ridiculous charade?

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