Financial aid alleviates tuition increase
On Feb. 16, UMHB’s Board of Trustees approved a tuition increase of $45 per credit hour for the 2011-12 school year.
Undergraduate tuition per credit hour will increase from $645 to $690; master’s tuition will increase from $665 to $710; and doctorate tuition will rise from $720 to $765.
The price for room and board will increase by three percent to reflect increases in the costs of campus dining services and utilities. For the third year in a row, there will be no increase proposed for student fees. In total, the cost will increase 5.5 percent for the typical residential student, which keeps the cost of attending UMHB competitive among Christian universities in the southwest.
With the nation in the midst of a slow economic recovery, the university continues to make increasing financial aid a top priority. In 2007, the university began a concerted effort to annually increase the amount of scholarships available to students.
Next year, student scholarship funding will increase by $3.5 million. With this increase, the university will offer students more than $14 million in institutionally funded financial aid for the 2011-12 school year. This number only includes financial aid funded by the university’s budget. When federal, state, and other financial aid opportunities are added to these funds, the total financial aid available is expected to exceed $50 million.