Lake Erie College freezes tuition for 2009-2010 academic year
As the economic turmoil takes a toll on consumer’s pockets, there is a glimmer of hope for those interested in attending a small, private college. Lake Erie College has decided to freeze tuition for the 2009-2010 academic year in order to put the best interest of its students at the forefront.
“We know that families are facing financial challenges but wanted to maintain affordability for our current students and send the message to prospective students that a quality Lake Erie College education is attainable,” said Robin McDermott, vice president of enrollment management and student affairs.
“As families consider a public versus private education, it is our hope that they see Lake Erie College as the veritable bargain it is,” added McDermott. “Students can expect to receive continued support through our many scholarships and grants. Currently 95 percent of our student body receives scholarships, grants or other financial aid,” she added.
Tuition will remain flat at $23,950 and room and board fees will be adjusted accordingly to meet the rising costs of heating and cooling, energy and food. To help offset these costs, room and board fees will increase slightly from $7,650 to $8,072 to remain affordable.
To date, the College has received a record number of applications for this time of year, for an estimated new student class of 400 in the fall. Currently, 1050 applications have been received, a 35% increase over this same time last year.