Undergraduate tuition will increase 4.96 percent to $35,064 for the 2007-2008 academic year from the current year's $33,408.
Room and board rates will increase 4.96 percent to $10,776 from $10,266 for an undergraduate student living in a double room and on a 19-meal-per-week board plan. Approximately 4,100 of Northwestern's 7,800 undergraduate students live in University residence halls.
The cost increase will help pay for investing in undergraduate programming, supporting salary and benefit increases for Northwestern faculty and staff in the coming year, recruiting and retaining the best faculty, maintaining Northwestern's facilities, and maintaining support for financial aid programs.
Continuing its long-standing policy, Northwestern will increase the total amount of grant funds for undergraduates by the same percentage as the tuition increase for the coming year. Northwestern provides more than $64 million annually from its own funds in scholarships to undergraduates. Almost 50 percent of Northwestern's undergraduates receive grants and scholarships from the University, and approximately 60 percent receive some form of assistance, including grants, external scholarships, loans or work-study funds.
Northwestern also will continue its policy of "need-blind" admission for U.S. citizens and permanent residents, in which a student's ability to pay is not considered during the admission process.
In addition, Northwestern is providing additional grants to entering undergraduate students from lower-income families, thereby enabling those students to attend Northwestern without taking out student loans.
As requested by the Associated Student Government last year, the undergraduate student activity fee will increase as part of a three-year plan to raise the activity fee. The fee will increase to $132 next year from $126 this year. The athletic events fee of $33, which allows undergraduates to attend all of Northwestern's home athletic events, including football and basketball games, will remain unchanged.
A $200 student health services fee has been established for entering undergraduate students, starting in fall 2007. Income from the fee will support the expansion of the Searle Student Health Center and program investments in Counseling and Psychological Services and offset current health center operating subsidies. The fee applies only to new students entering next fall; currently enrolled students will not be subject to the fee.
The Board of Trustees also approved tuition rates for most of Northwestern's graduate and professional programs. Graduate school tuition will increase by 4.96 percent to $35,064 next year; law school tuition will increase 5.6 percent to $42,673; and tuition at the Feinberg School of Medicine will increase 3.85 percent to $40,100. Tuition for the Kellogg School of Management will be finalized later this year.