WEST LAFAYETTE, Ind. (WLFI) - It's official. Tuition will be frozen at Purdue for the next two years. The tuition vote was the highlight of several financial matters in front of trustees Wednesday.
Between tuition, room and board, and meal plans, it's no secret a college education comes with a hefty price tag. That's why Purdue President Mitch Daniels wants to freeze tuition rates at the West Lafayette campus for the next two years. A public hearing for the tuition rates was held Wednesday and nobody signed up to speak. Daniels said that's a good thing.
"I suspect that if we'd been suggesting yet another increase, or big increase, maybe there'd been people show to talk about that," said Daniels.
An Executive Committee, representing the full Board of Trustees, then approved the tuition freeze. They also approved a five percent reduction in the cost of meal plans and a fee cut for the cooperative program.
Student Trustee Miranda McCormack said she's excited she won't have to justify a major tuition increase to fellow students.
"Not only that I didn't personally have to worry about that, but the students don't have to worry about paying additional and taking that burden off the families was a really neat experience for me," said McCormack.
Despite the freeze on tuition, the student fitness and wellness and activity fees are going up $92 this fall. However, a $10 activity fee increase next summer will be the only increase for the 2014-2015 school year.
The trustees also approved a systemwide $1.24 billion conceptual budget for the 2014 fiscal year. That budget was drafted after the state approved its two-year spending plan. More than $244 million was appropriated to Purdue, which was more than what the university was expecting.
"None of those extra dollars are part of this conceptual budget. We haven't decided what to do with them yet. But it's a few million dollars that is available and we're thinking about uses for it," said Daniels.
Daniels said one thing is for sure. That excess money will not be used to make up for the tuition freeze.
Tuition and fees for the 2012-13 year was $9,900 for in-state students. For the 2013-14 year it will be $9,992. For the 2014-15 year, it will increase by $10 to $10,002. It makes Purdue the third cheapest among the 11 Big Ten public universities.
Out-of-state tuition for 2013-14 year is more than $28,794 which is sixth cheapest.
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