<p>President Thomas Jackson announced an 8.1 percent tuition increase of $2,290 for the 2005-06 academic year on Monday. </p>
<p>With the inclusion of housing and the most popular meal plan - 230 Club Meal Plan - a student's term bill will see an overall increase of 6.9 percent, totaling just over $40,000.</p>
<p>I'll coment after I've seen my aid package, b/c were there's a tuition increase, there is likely an aid increase.</p>
<p>yeah there is also an aid increase i think...and also there are tuition increases throughout the nation if you havent noticed, so whats your point?</p>
<p>I just copied it from today's Campus Times, I thought some of you might be interested. I certainly didn't intend to offend you.</p>
<p>Oh well, U of R is adding more financial aid, and their financial aid packages are great to begin with. . . . .so I'm not complaining</p>
<p>Thanks for the information, lurkermom. 8% is outrageous. At least we're finding out before the 5/1 decisions.</p>
<p>But T990, there will be an 8% increase or even more in financial aid so the information that lukermom provided seems to be spam.</p>
<p>hopkinslax: not everyone receives financial aid (although at this rate only people on it or full scholarships will be going to UR).</p>
<p>If the typical merit award at UR is 10,000, they just took about 1/4 of it back. Is this going to happen every year?</p>
<p>8% increase per year just doesn't seem like costs are being managed.</p>
<p>I just saw a write up on CC about a book about why colleges cost too much. It says colleges are among the few economic endeavors in the US where there is no attempt at increasing productivity (doing more with less) or to contain costs. Tuition has increased far above inflation every year for more than 20 years now.</p>
<p>Your statement is a little like saying it doesn't matter what medical care costs since insurance covers it.</p>
<p>Actually the average aid package is above 20,000... It is your fault if you did not apply for financial aid.
Also how can you say that they took 1/4 of the aid back?
Unless you are not in the current era, almost all colleges in the country are increasing that amount because the average increase in tuition is 6.9% across the country with all top schools increasing at that amount or higher. If you are too cheap to pay that few hundred dollar difference between 6.9% and 8% then don't go to college! And also if that few hundred dollars is too much for you, then why did you apply to a private college in the first place? There are many colleges which can fit your budget if you are that cheap.</p>
<h2>also another thing to note: with the majority of colleges having that increase, i have no idea where its going, but i know U of R is using whatever profit out of that increase for the new buildings that are being built. They are building that new BME campus, and also are going to put quite a bit of money into optics to connect it with medicine, as well as that whole new plasma physics department (although i believe that the Gov't should be giving the grant). The money isnt going into the pockets of the deans or whatever, its coming back to the students in some form. </h2>
<p>Lurkermom: haha, sorry, i -did- seem a little nasty in the last comment towards the end, please excuse me! Thanks a lot for the info, i just thought u were saying "Dont go to UR! tuition increase" so i thought to inform everyone that the tuition increase is nation-wide...again excuse me and thanks.</p>
<p>The same article that lurkermom refers to suggests that it brings UR costs to just below that of BC and about the same as NYU. The 8.1 percent referred to is for tuition. The actual percent increase overall will be only 6.9%. The increase will go towards investing in buildings and resources in order to keep attracting the best faculty, and the final word is that they don't foresee a repetition of this size of an increase.
Hope this helps you all.</p>
<p>After visiting many colleges, I have seen many people at U of R and other colleges who are graduates of expensive private schools, and at my interview, I heard someone's mother talking about how she just cares about if her daughter gets in. . . she didn't care how much it would cost, because could afford to pay it.</p>
<p>Now, this is the type of people a tuition increase is intended to take increased funding from. The FAFSA and profile forms already put a set ammount of the family contributions, so if you qualify for need based aid, your package will simply increase, because U of R meets 100% of the need as defined by these forms.</p>
<p>So basically, it takes money from those who can afford to pay it. . . .usually not otherwise. And since the funds are going to pay for a new BME building, I'm quite happy, because BME is my potential major. . . .</p>
<p>Unfortunatly, there are some people who slip through the cracks with financial aid. . . .those are the people that will be hurt by tuition increases.</p>
<p>For example, I know one person who's mother owns a business, and even though her parents income would qualify for financial aid, the business is counted under the family assets, and she will not qualify for aid. . . . . luckily she got a good merit based package.</p>
<p>Another friend of mine's mother inherited bonds, which if cashed now, after taxes would not be worth much. However, the ammount of the bonds was figured in, and she will not qualify either.</p>
<p>So basically, what I am trying to say, is that a tuition increase will not harm anyone who cannot afford to pay. . . and can provide a better school. However, there are many that slip through the cracks due to special situations. . . . and I believe that financial aid should evaluate special cases, especially in regards to small businesses, and realize that even though it is an asset it can not be used towards your education. But that's more of a problem with the financial aid system in general, and not the tuition increase.</p>
<p>Actually, I think this does affect everyone, even those qualifying for financial aid. According to their big brochure: "We review financial Aid packages annually" (as expected) but then it goes on to say "University grant aid is customarily renewed at the same level for four years if your circumstances...remain relatively constant" (which most family's do). However it gots on to say that "we are unable to increase University grand and scholarships awards from year to year". </p>
<p>So if you have a 23,000 grant or a 14,400 scholarship, that is the amount that basically remains constant those four years. If the costs continue to rise 6.9% per year, your 14,400 scholarship does NOT adjust. I know a family who's child attends here and that has been a problem for them...the costs going up while the financial aid basically doesn't.</p>
<p>Forgive the typos!</p>
<p>Yeah, they can't increase S-ships and grants, but they can increase the need based. Assuming your EFC doesn't change, then the total value of your award shouldn't vary all that much either.</p>
<p>This is an excerpt from UR Campus Times:</p>
<p>...Due to the impact the increase will have on current students, financial aid has been increased, as well.
"We've spent our time and efforts to focus on the students who are here and explaining why we're doing this and making sure we have the financial aid resources available to help them," Jackson said.</p>
<p>"We're also very concerned about making sure The College is affordable for everyone," Paprocki said. "We have allocated additional financial aid to make sure The College
is affordable."</p>
<p>That's good to hear, thanks mom0809</p>
<p>That was good news for us as well. It will be interesting to see how much they actually do increase aid by. I'm realistic and don't think that increased aid will be for the full amount of the actual tuition increase.</p>