Tuition rates for the upcoming summer semester at all Indiana University campuses will be discounted 25 percent for resident undergraduate students and 9 percent for non-resident undergraduate students.
The plan, which was decided by IU President Michael McRobbie, was announced on Oct. 24 and is set to help relieve students of financial stress.
According to an IU press release, the plan will also help promote year-round college attendance and decrease the time it takes many students to earn a degree.
The current tuition rate for the fall and spring semesters for in-state students is $193.80 per credit hour. With the discount, summer tuition cost will be $145.35 per credit hour.
For out-of-state students, the current tuition is set at $530.50, and the summer tuition rate will be $482.05.
The tuition discounts include other applicable fees that are charged to students, including the temporary rehabilitation and repair fee and the nursing program fee.
“The discount includes all fees like the Student Activity Fee and the Student [Technology] Fee,” Michael Kerstiens, director of Accounting Services, said.
The change in the summer tuition rates should not affect the available amount of summer courses.
A committee was formed to help determine the courses available to students and how the university will adapt to the amount of demand resulting from the discount.
“We are currently reviewing the summer offerings from last year and attempting to estimate demand for summer 2012,” Brittany Hubbard, director of Financial Aid and interim director of the Academic Success Center, said.
The summer tuition plan will be in effect for both the summer 2012 and summer 2013 semesters.
“I haven’t heard any word on summers beyond 2013,” Hubbard said.
One of the goals of the discount plan will be to improve student attainment and make a more powerful summer session.
“Attending in the summer helps students take the required courses in fewer years,” Hubbard said. “Continuous enrollment can also help students stay focused on their program of study. This is a great opportunity, and I encourage all students take advantage.”
Approximately, a total of 4,600 students were enrolled in summer classes this year.
“Last summer, our official enrollment for undergraduates was 1,895 in the first summer session and 2,231 in the second summer session,” Hubbard said.
Hubbard said she is glad Indiana University has announced the plan for the new summer tuition.
“Being the director of Financial Aid, I see the financial strains our students face daily,” Hubbard said. “This is a great opportunity for students to pursue degree completion at a faster pace and lower cost.”
By JENNIFER HARRINGTON
Staff
jeharrin@umail.iu.edu