AQUINAS COLLEGE RAISES TUITION AND BOARD, HOLDS RATES ON ROOM - Mar 18, 2003
March 18, 2003 - Aquinas College has announced that full-time undergraduate tuition for the 2003-2004 academic year will be $16,400, a five-percent increase over the current year. The new rate is still well below the 2002 national average of $18,273 for private four-year colleges.
In addition, College Trustees, today, also officially approved a two-percent increase in board rates while maintaining room rates at current levels. Room and board for next year will be $5,494. The changes mean the cost for attending Aquinas this fall for a full-time undergraduate resident is $21,894, a net increase of 3.9 percent. Credit hour rates for part-time and graduate students were also increased five percent.
In announcing the increase in a letter to undergraduate students and their parents, President Harry J. Knopke cited Michigan's current fiscal crisis and the potential impact that crisis might have on state tuition grants and competitive scholarship awards. Further, he stated, the College balanced those realities with the need to ensure resources necessary to provide programs of the highest quality.
Currently, over 90 percent of Aquinas' traditional students receive some type of financial assistance. Students in all Aquinas College programs receive nearly $21 million in scholarships and loans annually. The average aid package, which includes all state, federal and college monies, is over $12,000.
Because of its affordability relative to its academic quality, Aquinas College continues to be recognized as a "Best Values" institution among Midwest colleges listed in the "America's Best Colleges" rankings, published annually by U.S. News
Aquinas College offers an approach to learning and living that teaches students unlimited ways of seeing the world. Founded in 1886 by the Dominican Sisters of Grand Rapids, the College's Dominican tradition of working, service and lifelong learning remains alive today in a diverse student body. Students from more than 20 states and 12 foreign countries are enrolled in undergraduate and graduate programs. Within six months of graduation, nearly all graduates are in full-time jobs, enrolled in professional schools of law, medicine, or dentistry, or in a master or doctoral program