| Wesleyan will increase tuition for the 2007-2008 academic year and simplify its fee structure. The new comprehensive fee structure will combine charges that are now billed separately as room and board.
Tuition will increase by 5.5 percent to $36,536 for all students in 2007-2008. For freshman and sophomores, the residential comprehensive fee will be $10,130. For juniors and seniors, the fee will be $11,512. The residential comprehensive fees are based on the current room and board charges experienced by students at these class levels, plus a fee increase of $590 and $550, respectively.
The increases in student charges are attributable to growth in salary and benefits costs, as well as energy and other costs that outpace general inflation. In addition, students voted this fall to increase the Wesleyan Student Assemblys student activities budget, yielding an increase in the student activity fee to $270. Thus, next year student charges will total $46,936 for first-year students and sophomores and $48,318 for juniors and seniors.
The comprehensive residential fee will make it easier for families to budget by eliminating the variability in room and board rates. It will also enable the university to simplify recordkeeping and to increase grant aid to ensure that financial aid packages take full account of student expenses.
The higher residential comprehensive fee for juniors and seniors reflects the higher cost of the options available to them. Juniors and seniors have access to apartments and houses in addition to residence hall rooms. The university previously has charged a differential room rate according to the accommodation the student chose. In addition, juniors and seniors have greater flexibility in dining options, including the opportunity, in many cases, to cook for themselves. Students have reported to the administration that they value this progressive independence.
Wesleyan remains committed to meeting the full demonstrated financial need of every student. Simplifying the fee structure will enable the Financial Aid Office to ensure that students’ full need is met whatever their housing choices. Wesleyan will increase scholarship grants by $850,000 to cover this change.
|By David Pesci, director of Media Relations|