Your pockets: now 2.9% emptier!

The Board of Directors just announced next year’s tuition: it will be a 2.9% increase, up to $38,616 from this year’s $37,536. Room and Board fees will also increase 2.9%, taking the average price of a year’s worth of a Georgetown education up to a whopping $51,543.

However, the University will also be increasing its supply of need-based scholarship aid by 18%. The current budget projection is that University will give $88 million in financial aid.

University spokesperson Julie Green-Bataille also noted in an e-mail that, percentage-wise, this is Georgetown’s smallest undergraduate tuition increase since 1973.

This entry was posted on Thursday, February 26th, 2009 at 5:39 pm and is filed under News, Vox Populi. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.