Looks like the board approved a 10% tuition increase for OOS (non-reciprocal states) back in December 2018? Was hoping for something less following a drop in the freshman stats. Wondering if anyone had a feel for whether merit would take another hit this year?
I believe UM will be going up another 10 percent and perhaps slow down any future increases. I predicted two years ago that these OOS tuition increases will affect overall OOS enrollment. Based on this article below, it seems that the overall revenue has been a “success”. To me and to many others in this article, it seems like a major debacle.
It does not even seem that the in-state students are even benefitting from any OOS increases. They are paying more! They are beefing up the OOS application waivers in order to get future students to apply.
I would think $10K to $15K in merit $$$ in order to make it somewhat competitive for OOS to attend, assuming, of course, competitive stats or hooks are in play.
@bigmacbeth, merit definitely went up. My daughter is a Junior and got the highest level of money; National Scholarship which is $10,000. My son just applied and also got the National Scholarship which is $15,000 now. So they upped the tuition but also upped the scholarship amount.
@uofmmom Well, that’s some good news, congrats! Do you via email or portal about merit awards?
@bigmacbeth the scholarship info came in the mail the other day.
@bigmmacbeth my son got his scholarship today and it was the National Scholarship for $15K. As others have mentioned with the increases in tuition its still raising the net cost. I think Minnesota is falling off the list shortly.
@gohawks1 D20 received her scholarship info today and was also awarded the National for $15K. For us, this puts it high on the list of options. We are both super happy.
I think they save the $15k for kids from states with relatively low in-state tuition. My kid got enough to make UMN competitive with our more expensive in-state engineering school. Maybe I’m wrong, though.
The tuition increases were a shock, though.