Word: tuitions
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...tuition hike will not translate into an actual increase in the amount of spending money available for the Faculty of Arts and Sciences from tuition. Dean of the Faculty Michael D. Smith said that the FAS is trying to keep the net dollars raised from tuition flat, as financial need increases...
When Harvard College raises its tuition, it is usually to stay on pace with the inflation rate. But while the inflation rate for this past year is only 0.1 percent, and fear of deflation looms, Harvard is raising its tuition by 3.5 percent, responding to greater demand for financial aid in addition to compensating for the plummeting endowment...
...Tuition, currently FAS’s second largest source of revenue, providing 20 percent of its income, will come to account for a greater percentage of a reduced budget, as the endowment and alumni donations plunge...
...emergency backup plan, explaining that if the water stopped flowing, the school would suspend classes and arrange alternative housing and food services. But it would not close altogether. "A lot of people were relieved to know there was still hope," says Dixon, adding that because the school's tuition is just $7,000 - far below the average of more than $25,000 for private colleges - Morris Brown is "the only chance" for many of its students to attend college. "When we left the meeting, knowing the circumstance that we were in, we went out and rallied...
...this summer. A change in Georgia law last year approved state financial aid for students at schools that, like Morris Brown, are on the road to reaccreditation; it's one reason Pritchett has set an enrollment goal of 1,000 students in 2014, which would translate to a significant tuition revenue increase. Whether similar fudging will allow the school to benefit from the stimulus bill is still unclear, but Pritchett says the economic climate has something of a silver lining. "From the brink of disaster," he says, "you have hope...