DAYTONA BEACH, Fla. (FOX 35 WOFL) - Bethune-Cookman University is increasing their tuition prices for the first time in eight years.
The university says that despite rising education costs around the nation, they have been about to keep their tuition the same cost. However, they say that because some colleges and university have increased tuition by an average of 2.2%, -- in some cases as high as 10.2%-- a compound effect has led to tuition costs among private four-year intuitions increasing by more than double what they were 30 years ago.
The school goes on to say that in order to improve their buying power and retain their competitive advantage, they must increase tuition 3% per credit hour for undergraduate students starting fall 2018. These changes exclude B-CU Global direct online and military students. Resident meal plans will also increase by $250 per semester.
Since 2013, cost of operations at Bethune-Cookman University has reportedly increased by 15.48% per full time equivalent student. That is why the university believes that this tuition increase, after eight years of stability, represents a modest adjustment that is necessary to offset budgetary challenges and is considered reasonable in light of tuition increases at other institutions across the nation.
During the next academic year, the university says that students should notice value added gains in the following areas of service:
- More streamlined and efficient financial aid packaging.
- Dedicated registration processes for undergraduate and graduate students separately.
- Enhanced campus safety.
- Responsive communications systems including call center support services.
- Remodeled and updated facilities.
- Improved access to digital services.