UVa BOV Approves Tuition & Fee Rates for 2013-14 Academic Year

Colleges and Universities A-Z University of Virginia
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The board voted to increase tuition and mandatory fees for in-state undergraduate students by 3.8 percent, or $452 annually, to $12,458. Out-of-state student tuition and fees will increase by 4.8 percent, or $1,826 annually, to $39,844.

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<p>Also to note:</p>

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Board members also approved the final year of a three-year phase-in of a tuition differential for the McIntire School of Commerce, which includes increasing the school’s tuition and fees 9.1 percent for Virginians to $17,458, for students’ third and fourth years.

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<p>and...</p>

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[quote]
Tuition for students in the School of Engineering and Applied Science will be increased by $2,000 per year, in addition to a 3.9 percent base increase, and will be phased in over four years. In 2013-14, first-year state residents will pay $14,458 in tuition and fees and non-Virginians will pay $41,844.

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<p>U.Va</a>. Board of Visitors Approves 3.8 Percent Tuition-and-Fee Increase for In-State Students | UVA Today</p>

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<p>Not surprising. Yet another increase above the general inflation rate. Over $50K per year total cost. That engineering fee will hurt some people, and it will be charged whether the student has any lab courses or anything else that requires extra costs, just as with the recently added surcharge on courses.</p>

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<p>Ouch, that’s almost $4k for an OoS engineering student. We were already going to be struggling to find funds, that’s a significant additional chunk.</p>

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<p>[William</a> and Mary raises in-state tuition for new students - The Washington Post](<a href=“http://www.washingtonpost.com/local/education/william-and-mary-raises-in-state-tuition-for-new-students/2013/04/19/ef3132d6-a8fd-11e2-a8e2-5b98cb59187f_story.html?wprss=rss_education&tid=pp_widget]William”>http://www.washingtonpost.com/local/education/william-and-mary-raises-in-state-tuition-for-new-students/2013/04/19/ef3132d6-a8fd-11e2-a8e2-5b98cb59187f_story.html?wprss=rss_education&tid=pp_widget)</p>

<p>14% tuition increase just announced by W&M for new entering in-state students.</p>

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<p>It’s all semantics. That 14% increase is about $2k BUT is locked in for four years. Current students are grandfathered. This represents a smaller increase then instate UVa if they held the same for four years, and there’s no guarantee (esp given the move towards differential tuition surcharges). Their OOS students have a 3% increase this year, no price lock. They are using a different model, but everyone is raising prices. I am in no way arguing one model over the other. They are very different universities with different needs. Approaching this differently is to be expected. My point is a 14% increase isn’t a lot when taken in context.</p>

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<p>oh em jee :open_mouth:
is this official? if so, I’m dead. well, not really, but we’ll have to struggle. oh well</p>

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<p>It has been approved.</p>

<p>An earlier proposal to add new fees for 3rd and 4th year students was withdrawn.</p>

<p>For those people receiving AccessUVa funds, the aid is to supposed to increase with increased tuition each year.</p>

<p>The financial plan assumes around 3% tuition increases per year for the next few years for in-state. I don’t know about out of state.</p>

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<p>Was there any change to the Comm School premium? It is currently $5,000 for the 2013-2014 academic year (increase from $4,000 from 2012 - 2013).</p>

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<p>robertr -</p>

<p>The Comm school has been undergoing a three year transition to a $5k tuition differential. This started in 2011-12 ($3k), 2012-13 ($4k), and ending next year at $5k for the 2013-12 academic year. You can see in the quote in post #1 the price differential is $5k from CLAUS to Comm ($12,458 vs $17,458).</p>

<p>[UVa</a> McIntire School of Commerce: FAQs](<a href=“http://www.commerce.virginia.edu/undergrad/admissions/Pages/FAQs.aspx#tuition]UVa”>http://www.commerce.virginia.edu/undergrad/admissions/Pages/FAQs.aspx#tuition)</p>

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<p>Sorry…I missed that. My son is 3rd year McIntire so he’s costing me an extra $9,000. Can’t complain though since I prepaid his regular tuition in 2001…$18,000 for all four years.</p>

<p>To other parents…Virginia is a great state for the prepaid tuition option. An outstanding selection of state schools to choose from. It’s now a lot more than the $18,000 that I paid in 2001, but it’s only going to go up.</p>

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<p>Robertr: Just to clarify, I assume that $9,000 refers to an extra $4k this year and an extra $5K next year. I haven’t read of any plans to increase the Comm School premium above $5K per year.</p>

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<p>@Charlie…yes, that’s correct.</p>

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<p>Well played RobertR. S1 is also a 3rd year McIntire student. I feel for the OOS students that are his friends. They not only have the differential tuition to pay but have had increases over the four years they will be at UVa.</p>

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<p>Thanks, Woosah. Took care of my daughter at the same time (she graduated in 2010). Wish I could say my other investments have worked out as well!</p>

<p>I’m sure our sons know each other…and I know they’ll be glad when the semester is over. First year in the Comm School is tough!</p>

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<p>Robertr- I could not agree more about the college plan. I pay monthly for mine- $372 for three, ranging from 8th grade to my HS senior. I looked at the VCSP website. One infant now was about $700 a month. This was undoubtedly the smartest investment I ever made.</p>

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<p>Indeed…and I hope it’s an investment that keeps paying dividends (i.e. supporting me in the old folks home)!</p>

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<p><em>waves</em> This would describe me.</p>

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<p>@Knights09…don’t worry, you’ll be a hot commodity in a year with that McIntire degree in hand! The tuition will have been well spent.</p>

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<p>I’m actually a 4th year so I’m already a hot commodity. :wink: Kidding, but in all seriousness I’ve had my job lined up since the beginning of August and the differential tuition has definitely been worth it.</p>