Rutger Raises Tuition, Fees to Support $4.4B Budget

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Winants Hall Credits: Rutgers University
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NEW BRUNSWICK, NJ — Rutgers University students can expect to pay about 1.85 percent more for their education in the coming academic year.

Rutgers’ Board of Governors approved increases to the cost of tuition, housing, dining and mandatory student fees at its meeting today, July 19, in Winants Hall.

In total, the cost of attendance for a typical New Jersey undergraduate student will climb by about 1.7 percent, according to a presentation on the $4.4 billion budget for the 2017-18 school year.

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While costs are set to rise, Rutgers officials said that the percentage increases fall below the university’s three-year average. What’s more, they noted, price hikes at Rutgers’ three campuses—in New Brunswick, Newark and Camden—typically fell in the middle of cost increases among comparable schools, such as those in the Big Ten.

“Public colleges and universities across the country are facing significant financial challenges,” Rutgers President Robert Barchi said in a statement. “I am proud that Rutgers has been able to keep these cost increases to a minimum while continuing its commitment to teaching, research and service.”

In total, tuition and mandatory student fees for a “typical in-state, full-time Arts and Sciences” New Brunswick undergrad will reach $14,638 come September, according to Rutgers. That’s a 1.85 percent hike from $14,367.20 last year.

For the same student living on campus, the total price jumps to $27,090, according to the university. That includes tuition, fees, room and board—and it represents a 1.7 percent increase from last year’s $26,629.47 tab.

Most New Jersey residents who are full-time undergrad Rutgers students in New Brunswick, Newark and Camden will pay $11,619 in tuition for the upcoming academic year, up from $11,408 last year, according to university documents.

Most students who attend part-time will pay $374 per credit, compared to $367 last year, according to Rutgers.

In New Brunswick, the tab will be higher for students enrolled in the Mason Gross School of the Arts, the School of Environmental and Biological Sciences and the School of Engineering.

Student fees will rise by 1.85 percent, to an annual total of $2,691.50 for most New Brunswick undergrads, according to the documents. Those fees cover costs related to campus life, the school, capital improvements and computers.

Housing costs, meanwhile, will rise by 1.5 percent. Student meal plans will increase by 1.7 percent, according to Rutgers.

Nearly half of Rutgers students who study in New Brunswick receive some form of financial aid, according to the university. The average award totals $10,806.

The average net cost for a first-year, in-state Rutgers student who receives a scholarship or grant will run $15,614, according to the school. That falls below the $29,388 sticker price.

Students in Newark and Camden receive a similarly discounted “average net price,” according to Rutgers.

The lion’s share of Rutgers’ 2017-18 budget—roughly $3 billion—will go toward employee salaries and benefits.

Most of the university’s revenues will come from tuition and fee increases and a 1 percent increase in enrollment, according to Rutgers.

Nearly 70,000 students and 22,500 faculty and staff members make up the Rutgers community, across its campuses.

The opinions expressed herein are the writer's alone, and do not reflect the opinions of TAPinto.net or anyone who works for TAPinto.net. TAPinto.net is not responsible for the accuracy of any of the information supplied by the writer.

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