August 3 , 2007
SCHEV Releases 2007 Tuition and Fee Report
RICHMOND — Virginia undergraduate students at public colleges and universities in the Commonwealth can expect to pay 6.8% more on average in tuition and mandatory fees in 2007-08 than they did during the previous academic year, according to a report released yesterday by the State Council of Higher Education for Virginia (SCHEV). In comparison, the overall average annual increase was about 9.2% during the 2006-07 academic year.
The report, entitled “2007-08 Tuition and Fees at Virginia’s State-Supported Colleges and Universities,” reveals that in-state students at four-year institutions will experience an average increase in tuition and mandatory fees of 6.8%, or about an additional $452 per year, while students attending community colleges will be faced with a 5.9% increase, paying about $135 more per year.
“We applaud the efforts of Virginia colleges and universities, as well as members of the 2007 General Assembly, who through their enactment of the Tuition Incentive Fund have helped keep higher education costs affordable for Commonwealth students,” says Daniel J. LaVista, SCHEV’s Executive Director. “SCHEV remains committed to helping higher education institutions strike a balance between reasonable tuition costs and the high quality education for which Virginia institutions are known.”
The report estimates the average total cost for an in-state undergraduate student living on campus next year to be $13,992, an increase of 6.0% over last year. However, that amount is estimated to be 40.0% of per capita disposable income, a measure of affordability that is steadily creeping higher. Additionally, the report compares charges in Virginia to those in other states and examines the relationship between planned and actual rates of increase. A copy of the full report is available on the SCHEV web site.
SCHEV is the Commonwealth’s coordinating body for Virginia’s system of higher education. The agency provides policy guidance and budget recommendations to the Governor and General Assembly, and is a resource for information on Virginia colleges and universities on higher education issues.
For more information, contact Kirsten Nelson, Director of Government Relations and Communications, at KirstenNelson@schev.edu or (804) 225-2627.