Judson University Announces Tuition Rate for 2014-2015
(Elgin, IL – November 8, 2013) Judson University is pleased to announce that its tuition rate will be kept at its current level for the 2014-2015 academic year.
The College Board reported in its Trends in College Pricing 2013 that tuition for private universities and colleges rose 3.8 percent to an average of $30,100 for the 2013-2014 academic year. A similar increase is predicted for the 2014-2015 academic year, but Judson officials announced to parents and students that the university will not be increasing its tuition rate. In addition, room and board expenses will increase by only a modest one percent to account for increase utility expenses, while other institutions are projected to increase their costs by at least 2 percent or more for 2014.
“This action is meant to support the families of our current students, and it shows our commitment to access and affordability,” says Judson University President Dr. Gene Crume.
Tuition for new and continuing traditional undergraduate students will remain at $26,750 for the 2014-15 academic year. The University will continue to administer academic and performance based scholarships and generous financial aid packages for qualifying students. At Judson University, approximately 95% of students receive financial assistance in the form of merit scholarships, institutional awards and grants, federal and/or state assistance, as well as low-interest student loans and work study, with the average financial aid package being $21,934.
“The students will greatly appreciate the choice to not increase tuition,” says Shalina Wozny, president of Judson’s Student Organization. “This move shows that our university recognizes our needs.”
This announcement comes at a time when Judson is marking several milestones in the quality of its education. In 2013, Judson celebrates 50 years since it was founded in Elgin as a Christian liberal-arts and sciences university. It has also launched three new graduate programs, including a Master of Business Administration, a Master of Leadership in Ministry, and its first doctorate program, a Doctor of Education in Literacy.
“We are encouraged that at a time when higher education is facing challenges related to affordability, public perception and relevance, Judson’s educational experience is only improving,” says Crume. “It’s clear to us that Judson is strategically situated for another 50 years of success.”