Huntington University announces 2012-13 tuition rates
FOR RELEASE: Thursday, January 26, 2012HUNTINGTON, Ind. Huntington University continues to work diligently at keeping a college education affordable for its students. In announcing tuition rates for next year, Huntington is once again priced significantly under the national average charged by other private institutions.
The Board of Trustees approved a modest 2.5 percent increase in undergraduate tuition and fees for the 2012-13 school year at its January meeting. The undergraduate tuition rate for the 2012-13 school year will be $23,300 with $480 in fees and $7,940 for room and board costs. According to the College Board, the average tuition rate for a private college education in 2011 was $28,500.
Huntington also strives to keep its adult and graduate programs affordable for students. At the January meeting, the board approved increases of only $8 to $11 per credit hour for these programs. The new tuition rate per credit hour will be $348 for all EXCEL Adult Degree Programs, $466 for the graduate counseling program, $376 for the graduate youth ministry leadership program and $395 for the graduate education program.
"Huntington works diligently to moderate any increases in tuition and fees. We want to keep college affordable for students and their families," said Tom Ayers, executive vice president for operations and treasurer. "We also offer innovative financial assistance programs, such as the loan repayment program, to help reduce anxiety among students and their families over costs when considering a private school education. We understand the financial pressures families are under and want to provide them with more value for their dollar."
Approximately 90 percent of Huntington University students receive financial aid in the form of scholarships, grants, loans or work-study assistance. All incoming freshmen are also eligible for the loan repayment program which provides assistance to students after they graduate. The loan repayment program covers all or a portion of a student's loan up to a certain threshold. Learn more at www.huntington.edu/loans.
Huntington University was ranked 10th in the "Great Schools, Great Prices" category for best-value colleges in the Midwest in the 2012 version of the guide to America's Best Colleges published by U.S. News & World Report. This ranking is based on the percentage of students receiving need-based grants, the average cost of tuition after receiving those grants and the average discount from the total cost.