The Dartmouth Board of Trustees announced today that undergraduate tuition will increase 4.4 percent to $41,736 for the 2011–2012 academic year. Undergraduate tuition, room, board, and fees for the coming academic year will be $55,365, a 5.9 percent increase from the current year. Tuition, room, board, and fees cover about half the full cost of a Dartmouth education, with the balance met primarily through gifts, endowment income, and other revenues.
The tuition rates apply to all undergraduates as well as students in the arts and sciences graduate programs and in Dartmouth’s Thayer School of Engineering, which offers both undergraduate and graduate programs. Tuition for Dartmouth Medical School will increase 6 percent to $47,780, and tuition for Dartmouth’s Tuck School of Business will increase 5.5 percent to $53,490.
“We’ve set tuition for the coming year at a level necessary to ensure we continue to provide our students with the highest quality liberal arts education and experience, while maintaining a solid financial foundation for the College,” said President Jim Yong Kim. “At the same time, because we believe strongly in the need to keep a Dartmouth education accessible, we remain committed to a robust financial aid program to meet the demonstrated need of all of our students.”
Currently, nearly 48 percent of the total undergraduate student body receives financial aid from Dartmouth. The average annual (three-term) financial award for each scholarship recipient is $36,166. In all, Dartmouth awarded approximately $77 million in scholarships to undergraduate students in the current academic year. For the 2011–2012 academic year, an increase of $3 million to a total of $80 million in scholarship expenditures is projected.
The College will continue its longstanding commitment to enable the most talented students to attend Dartmouth through need-blind admissions, which excludes any consideration of an applicant’s ability to pay from admissions decisions. It will also continue to provide free tuition (with no loan expectations) for students with family incomes of $75,000 a year or less.
Maria Laskaris ’84, dean of Admissions and Financial Aid, said, “For families of students receiving financial aid, we will continue to meet 100 percent of demonstrated need, and we will increase our financial aid budget as necessary to meet this commitment. Our philosophy rests on one principle: doing everything in our power to ensure that Dartmouth remains accessible to the most qualified and promising students from all socioeconomic backgrounds—regardless of their ability to pay.”
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