In tough economic times, Grinnell College moderates tuition increase

Thursday, Dec. 31, 2009 10:39 am

 

Grinnell College will raise its comprehensive fee for the 2009 -10 academic year 3 percent to $45,012 - the same percentage increase in Grinnell’s comprehensive fee as last year, the two lowest percentage increases in more than a decade.

“In what are now very difficult economic times, Grinnell has sought to reduce and contain expenses, while continuing to provide excellent educational opportunities,” said Russell K. Osgood, president.

Grinnell’s board of trustees approved the new comprehensive fee at its February meeting. The budget reflects a commitment to the hallmarks of a Grinnell education – a low student-to faculty ratio, generous financial aid, and enrichment opportunities and programs such as student-faculty research, internships and study abroad programs.

“We recognize the economic uncertainties many families face, and have increased institutional funding for
financial aid,” said Osgood, adding,

“If a family’s financial circumstances have changed, I encourage them to work with our financial aid office to see whether they qualify for additional aid.”

Breakdown of Comprehensive Fee Components

    FY 2009   FY 2010   % Increase
Tuition   $34,932   $35,976   3.0%
Fees   496   500   0.8%
Total Tuition & Fees   $35,428   $36,476   3.0%
Room   $ 3,838   $ 3,968   3.4%
Board   $ 4,434   $ 4,568   3.0%
Total Comprehensive Fee   $43,700   $45,012   3.0%