2008
Board of trustees OKs 4 percent tuition increase for 2008-2009

Board of trustees OKs 4 percent tuition increase for 2008-2009
June 5, 2008

Phil Brozynski, Media Relations Manager
(630) 829-6094
pbrozynski@ben.edu

At a time when many colleges and universities across the country are raising tuition rates between 5 and 11 percent, the Benedictine University Board of Trustees has approved an increase that will raise tuition and fees for full-time undergraduates just 4 percent from a year ago. Tuition for the 2008-2009 academic year will cost full-year undergraduates $10,800 per semester or $21,600 per school year, an increase of 4 percent over 2007-2008. Fees, which had not experienced an increase in six years, rose from $510 to 710 per year. “Every year we fight the battle between the rising cost of education and oppressive tuition increases that would force some of our students to assume more debt or forego a private Catholic college education completely,” said Charles Gregory, executive vice president of Benedictine University. “Neither of those alternatives is acceptable. “Our board determined that a modest 4 percent increase would allow us to continue to provide a quality yet affordable education to our students,” Gregory added. “Meanwhile, it also serves as a signal that we must continue to search for additional, alternate funding sources that will help alleviate the financial burden placed on students.” Benedictine University has not had a tuition increase of more than 6 percent since 1999-2000. Since 2001, annual tuition increases at Benedictine have averaged 5 percent.

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Benedictine University is an independent Roman Catholic institution located in Lisle, Illinois just 25 miles west of Chicago. Founded in 1887, Benedictine provides 56 undergraduate majors, 16 graduate and four doctorate programs. The Chronicle of Higher Education recently ranked Benedictine University as the seventh fastest-growing campus among private nonprofit master’s universities, and Forbes magazine named Benedictine among the top 20 percent of America’s colleges for 2011. Benedictine University’s Master of Business Administration (M.B.A.) program is listed by Crain’s Chicago Business as the fourth largest in the Chicago area in 2011.