UTICA COLLEGE RESETS TUITION TO BETTER PRICE, IMPROVING AFFORDABILITY
PR Newswire, UTICA, NY (Sept. 15, 2015)
Utica College President Todd S. Hutton announced today that the College is resetting the on-campus undergraduate tuition price beginning Fall 2016. The new tuition price will be under $20,000, and the college will continue to offer both need-based and merit-based financial aid to lower the cost to qualified students and their families even further.
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“We consider this tuition reset to be a bold move for tomorrow,” Dr. Hutton says, “because in improving affordability, we are also expanding access to a high quality Utica College education that launches our students’ successful futures.”
The tuition reset comes at a time when private colleges and universities throughout the nation are taking a hard look at their pricing system. Many college-bound students and their families do not realize that the full price will likely be deeply discounted for them by a private college, and so they experience “sticker shock” upon seeing the published price.Utica College joins only a few other private colleges in the nation that are taking the lead in removing this barrier with a tuition reset.
“The colleges that can do it successfully must be offering a high-quality education that is in high demand,” notes Laura Casamento, UC’s executive vice president and chief advancement officer. “Because Utica College has record enrollment numbers and strong financial stability, nothing about the UC experience will change, even as we offer a better price for it.”
This tuition reset will give UC the best private college price among all of its peer institutions in the state of New York.
For all students enrolled full time in the on-campus undergraduate program, the tuition and fees cost for the 2016-17 academic year will be reduced by 42 percent to $19,996, and the total cost (including room and board) will be reduced by 35 percent to $30,430.
Details about how the tuition reset will be implemented can be found at utica.edu/affordable.
“Utica College has made a bold move that’s very much in keeping with our history and mission of being a college of opportunity for our students,” says Dr. Hutton. “The bottom line is that setting a better tuition price is simply the right thing to do.”
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MEDIA CONTACT:
Christine Leogrande
Director of Media Relations
Utica College
(315) 223-2519
[email protected]