Temple announces 3.7 percent tuition hike
Undergraduates will have to pay $600 more starting this fall. Financial aid will also increase by $9.6 million.
TEMPLE University announced yesterday that tuition for undergraduate students will increase by 3.7 percent starting this fall.
The university's board of trustees approved the increase, which will cost students an additional $600 this coming year. Tuition will be $14,006 for in-state residents and $24,032 for out-of-state students. Mandatory fees will remain at $690.
Last year, Temple had more than 28,000 undergraduate students.
The board attributed the increase in tuition to enhancements in student services and contractual salary increases.
"Temple University remains committed to increasing access to affordable higher education and to limiting student debt," President Neil Theobald said. "We are very sensitive to the national crisis of student indebtedness and are attacking the issue from a variety of angles, including keeping tuition as low as possible."
The university also announced an increase in financial aid of more than $9.6 million, bringing the total to approximately $100 million. When financial aid is considered, the average undergraduate student will see base tuition rise by about $233, or 1.84 percent.
In each of the previous two years, Temple increased tuition by an average of approximately 1.5 percent.
Temple is not the only public university dealing with rising costs. A week ago, Penn State University announced a 3 percent increase in tuition starting this fall.
- Solomon Leach