Potentially good news for those of you planning college applications this fall. The board of governors of Rutgers University approved tuition charges for the 2012-13 academic year that mean a 2.2% increase for an in-state, arts and science undergraduate in New Brunswick.
The board allocated an additional $2.4 million in university funds for student financial aid, bringing the total Rutgers Assistance Grant (RAG) budget to $27.5 million. Sixty-one percent of Rutgers undergraduates received some form of need-based financial aid last year. Enrollment at Rutgers has risen 25% from fall 2000.
As a result of yesterday’s decision, a typical New Brunswick arts and science student residing on campus will pay $10,356 in tuition and $2,717 in mandatory student fees during the 2012-13 academic year, along with $10,970 in room and board charges. For this student, tuition and mandatory fees will increase by 2.5%, and room and board charges will rise by 1.9%. Specific rates for other Rutgers students may differ, as such charges vary across the university’s campuses and schools.
Photo by tjdee via Flickr.
