U.Va. to raise tuition next two years amid rising university costs
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U.Va. to raise tuition next two years amid rising university costs
Jack Moore | jmoore@wtop.com
December 13, 2021, 11:32 AM
The University of Virginia will raise base undergraduate tuition and fees by over 8% over the next two years, under a tuition plan approved by the schools Board of Visitors last week.
The school held base tuition steady for this year and last, but will raise tuition and fees for the next two years as a reaction to rising university costs across a wide range of sectors, according to a news release from the school.
The board approved a 4.7% increase in base undergraduate tuition and fees for the 2022-2023 academic year and a 3.7% increase for the 2023-2024 academic year.
Laying out rates for the next two years is designed to make tuition decision more transparent and predictable for UVA students, the school said.
Currently, tuition for in-state students runs about $14,000 and $46,000 for out-of-state students. When all fees, plus room-and-board are added in, the price tag rises to more than $29,000 for in-state students and $62,000 for out-of-state students.
We do not take decisions about tuition lightly and we strive to limit increases in tuition to only what is needed to address rising costs, ensure financial stability, and maintain our academic excellence, said University Rector Whitt Clement in a statement.
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