Temple University’s Board of Trustees today approved an average 2.8 percent combined increase in undergraduate base tuition for 2013-14. Tuition will increase $400 to $13,406 for instate students and $600 to $23,432 for out-of state students.
“Last February, I announced with the governor and leaders of the General Assembly, our intention to keep tuition as low as possible in return for level funding from the state, as part of our overall efforts to help students manage college costs,” said Temple University President Neil D. Theobald. “This action ensures that Temple remains an attainable goal for students from Philadelphia and all around the Commonwealth of Pennsylvania.”
If Pennsylvania’s General Assembly agrees with the Governor's proposal for Commonwealth support, Temple’s education and general appropriation will be $139.9 million, part of the university’s $1.21 billion budget for fiscal year 2013-14.
Temple's trustees also approved an increase of $8.1 million for student financial aid, bringing the university's total financial aid budget to $93 million.
A major financial aid initiative, the new academic scholarship program, will continue.
Launched last fall for incoming freshmen, the program attracted the most academically qualified class in university history.
In response to rising demand for student services, the trustees also increased the mandatory student fee, which has been frozen for the last four years. The fee will go from its current $590 to $690 per year.
This change in the mandatory fee is designed to meet a greater demand for student counseling; to strengthen advising so that students can concentrate on graduating in four years and thereby lower debt, and to enhance career and job services for students.
“Temple is focused on ensuring that it maximizes the return on student tuition investment so that their college experiences will make them real world ready,” said Theobald.