At its meeting Feb. 28, Wesleyan’s Board of Trustees voted to increase tuition and residential comprehensive fees by 2.1 percent for the 2015–16 year, reflecting the third year of linking tuition increases to the rate of inflation.
The increase is based on the three-year national CPI average of June 30, 2014, the latest full fiscal year available. As a result of this policy, Wesleyan’s student charges for first-year students and sophomores currently rank 14th among a peer comparison group, compared to 1st in 2011. A further decline is anticipated.
“We remain committed to keeping Wesleyan affordable for all students,” said President Michael S. Roth. “Through a generous financial aid program, Wesleyan meets the full need of all its students receiving financial aid, and we ensure that our students leave here without a heavy debt burden.”
The university’s affordability initiative also provides for an optional three-year degree program, saving families about $50,000 on their total tuition bill while retaining the core academic experience for students who participate.
Support for financial aid is the highest priority of Wesleyan’s current campaign, and the university has raised nearly $380 million toward a goal of $400 million.
For the 2015–16 academic year, total student charges will be $62,478 for first-year students and sophomores, and $64,324 for juniors and seniors (reflecting the 2.1 percent increase in residential fees). Tuition will be $48,704 for all students.