<< BackLoras Responds to Economic Difficulties with Modest 3.5% Tuition Increase
The Loras College Board of Regents approved at their October meeting a modest 3.5% tuition increase for the 2009-2010 academic year. The average tuition increase at private baccalaureate colleges for 2008-2009 was 5.9%, according to data released by the College Board.
In light of the economic difficulties the nation’s families are facing, the board moved the tuition increase action to the October meeting rather than making the decision in February as in years past. “We feel that having this information released earlier will allow Loras students and their families time to better prepare and budget for the upcoming year,” said Loras President Jim Collins. “In addition, we are setting a record pace in new applications and acceptances for fall 2009. We want these families to know next year’s costs now.”
More than 90% of Loras students are receiving financial aid this year and the college awarded a total of $15,350,000 in grants last year. Loras College is dedicated to offering a high-quality education at a practical price and was recognized in the ninth edition of Barron’s Best Buys in College Education as doing so.
Loras also has a strong history of graduating students in four years and was recently cited in the 2009 edition of “America’s Best Colleges” by U.S. News & World Report as having the third highest graduation rate among Midwest baccalaureate colleges and universities. “Together, these factors make Loras very affordable and a worthwhile investment for a top-notch education,” notes Vice President for Enrollment Management Lisa Bunders, Ed.D.