Citing recession, Board of Directors raises Georgetown tuition a mere $1,080
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.