Hiram College will freeze tuition for all incoming students in the 2013-14 school year at current levels, in reaction to the continuing pressure on families and students struggling in the weak economy.
“In these difficult economic times we want to ensure that Hiram is accessible to all students from all communities, and all economic circumstances,” said Hiram’s President, Thomas V. Chema. “We know that college tuition can be a major source of strain on families who are already struggling with businesses, jobs and other economic issues, and together with our long-standing Tuition Guarantee, we have decided that this is the best way to help them.”
Hiram’s Tuition Guarantee, in place for several years, ensures that the amount a student pays enrolling his or her first year will remain the same as the amount paid for the second and all subsequent years. The plan allows families and students to budget expenses for the future without having to worry about incremental education increases.
The tuition for traditional undergraduate students who enrolled this fall at Hiram was $29,065. That will be the cost for students who enroll in the fall of 2013. Hiram’s costs overall are comparable to or lower than many similar private institutions, and most students receive some form of financial aid, which further lowers the costs of attending college.
The move comes as a reaction to national figures that show that on average in the last decade, tuition has risen about 6 or 7 percent a year, for most institutions nationwide. Many public and private non-profit colleges and universities have been forced to raise tuition to keep pace with rising costs in the economic downturn.
“It is important for us to continue our tradition of offering the best liberal arts education possible to families and students regardless of the other economic pressures they and their families may encounter,” Chema said. “We hope this will help make that possible.”