2006-07 Tuition and Fees to Increase by Less Than 5%
January 31, 2006
January 31, 2006, Greencastle, Ind. - Total fees to attend DePauw will increase by less than 5% for the third consecutive year, the University announced today. "We realize that economic conditions are difficult for many families with rising energy costs, an issue that we are certainly grappling with as an institution," says Richard Speller, vice president for finance and administration. "The 2006-07 fees reflect our commitment to maintain the highest quality academic and residential programs at the lowest possible cost for families."
The student charges for 2006-07, approved by DePauw's Board of Trustees at its January meeting, are:
- Tuition $27,400
- Room $4,100
- Board $3,700
- Health Service Fee $220
- Student Activity Fee $160
"The University will correspondingly increase the budget for need-based financial aid and continue to support students and their families who demonstrate financial need," Speller notes. "DePauw continues to charge a lower tuition rate than most schools in the top tier of national liberal arts colleges. We believe that the quality and range of opportunities available at DePauw make the University an exceptional educational value."
The College Board
reports that the average private college or university increased tuition by 5.9% in 2005-06 (the most recent year for which figures are available); DePauw's increase was 3.7%. The 4.7% hike for 2006-07 reflects additional costs the University faces, especially for energy, which increased 17% in 2005, the biggest advance since 1990.
The Fiske Guide To Colleges 2006 ranks the University as one of 45 "best values," and notes DePauw offers "remarkable educational opportunities at a relatively modest cost." Princeton Review lists DePauw as one of 81 schools it recommends in its 2006 edition of America's Best Value Colleges. The book's editors cite DePauw's "demanding academics" and note that the University is "especially strong in the area of merit-based awards."
DePauw is enjoying a record year for applications. As of January 13, a total of 4,255 applications had been received, a 37% increase over last year at the same point, and eclipsing the previous
record of 4,115 applications received in 2002-3.
U.S. News & World Report has ranked DePauw in the nation's top tier of national liberal arts colleges for six consecutive years. The National Survey of Student Engagement finds that students at DePauw University enjoy significantly more academic challenges, interactions with faculty, collaborations with others and enriching educational experiences than students at peer institutions and the national average at all colleges and universities. Princeton Review also offers a very positive assessment of DePauw's academic programs in its 2006 guide to The Best 361 Colleges. The book's rankings place DePauw #1 in the nation for "major frat and sorority scene"; its student-run radio station, WGRE is rated the fourth-best college radio station in the U.S.A.; and DePauw is #15 for "more to do on campus".
In his letter to parents of DePauw students, Speller states, "In our newly adopted five-year strategic plan, we are committed to enhancing student academic engagement;
expanding the international experiences of each student, including providing greater access to international study through Winter Term and semester-long programs; broadening our wellness programming; strengthening our programs in the creative and performing arts; and providing technology resources needed for effective teaching and learning."
In conclusion, he writes, "All of us at DePauw are proud of our challenging and highly rated academic programs and the success of our students and alumni. We hope you share our excitement as we look forward to another great year of helping students grow intellectually and personally."
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