31 Jan HU Freezes Tuition for 2013-2014 Year
Huntington University announced a tuition freeze for the 2013-14 academic year. It applies to all incoming and returning students, including traditional undergraduates, adults enrolled in professional programs, and graduate students.
Huntington University will also continue to safeguard its students’ financial success through its innovative Loan Repayment Program. The program reimburses all or part of a graduate’s loan payments if their employment income falls within certain thresholds.
Huntington previously adopted a tuition freeze for the 2004-2005 school year. Since that time, Huntington’s tuition increases have been low.
Across the United States, the average tuition at four-year private institutions this year is $29,056 and the total cost of attendance averages $43,289, according to The College Board. Currently, Huntington’s tuition ranks 23rd out of the 31 independent colleges and universities in Indiana and 56th out of the 109 members of the Council for Christian Colleges and Universities.
Huntington University’s undergraduate tuition will remain locked at $23,300 next year. Room, board and fees will rise slightly to bring the total sticker price to $32,200, or an overall increase of 1.6%. This figure includes a new technology fee which will underwrite a campus wireless and cloud printing initiative.
“Due to generous institutional aid through scholarships and grants, the average student only pays about 60 percent of the full tuition amount before other sources of financial aid, such as state and federal grants and loans, are factored in,” said Jeff Berggren (right), senior vice president for enrollment management and marketing. He also noted that more than 90 percent of undergraduates receive financial aid in the form of scholarships, grants, loans or work-study assistance. He added that all students should file the FAFSA and use tools such as online net tuition calculators to look beyond the sticker price.
Tuition for HU’s professional and graduate degree programs will remain at current levels for next year, between $348 and $466 per credit hour, depending on the program.