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Keeping College Affordable: Marymount University Announces Smallest Tuition Increase in a Decade

Tuesday, February 08, 2011
Committed to keeping college affordable, Marymount University has set its lowest tuition and fees increase in well over a decade – 2.5% for academic year 2011-12. For the current year, 2010-11, the increase for tuition and room and board was 3.5%.

At Marymount, tuition increases have historically been kept to a minimum, limited to low/mid single digits at a time when many colleges have had double-digit increases. Marymount’s undergraduate tuition and fees for academic year 2011-12 will total $23,700. According to the College Board, tuition and fees at private institutions of higher learning now average $27,293.
Financial aid can reduce college costs significantly. At Marymount, 86% of undergraduate students receive some form of aid (grants, scholarships, work study, and/or loans). More than 18% of the University’s annual operating budget is designated for student financial aid.
Marymount’s strong enrollment picture has made it possible to keep tuition and fee increases small, while strengthening financial aid programs. The University, which currently enrolls approximately 2,300 undergraduates and 1,300 graduate students, has seen record freshman classes and a marked increase in full-time enrollments in recent years.
Marymount is known for its diverse student body, which includes individuals from approximately 70 countries. U.S. News & World Report’s 2011 “Best Colleges” issue ranks Marymount University in the top tier of regional universities in the South.