University of Minnesota students won't have to budget for a tuition increase in the next academic year.
For the first time in years, the university will freeze tuition for most students at its five campuses. The Board of Regents on Tuesday unanimously approved President Joan Gabel's tuition freeze proposal, which administrators say will provide financial relief to current students and help lure in new students during the pandemic.
"The desire for certainty is at its highest levels in this environment of uncertainty," Gabel said. "The tuition freeze is for more than marketing to incoming freshman. It's a recognition of the challenge that students are facing."
The freeze will apply to all students except those enrolled in three professional programs: dentistry, the medical school and three professional masters in the College of Science and Engineering at the Twin Cities campus. Gabel cited high demand and educational expenses for exempting those programs.
Public universities across the country have shuttered their campuses and shifted all classes online for the spring and summer sessions because of the COVID-19 pandemic. Many institutions have issued room and board refunds to students and are weighing tuition freezes and reductions.
Early projections show the U could lose up to $315 million in revenue if the pandemic lasts through the fall semester. Officials have already cut pay for top administrators and have frozen hiring and salary increases.
The uncertainty could hurt fall enrollment, officials fear. That's partly why regents decided to vote on the tuition freeze proposal Tuesday even though it was originally only slated for review. Gabel told regents the freeze could help the U secure a larger freshman class before the school's May 1 commitment deadline.
Freshman enrollment for the coming fall semester is trending nearly 10% behind where it was at this time last year, said Robert McMaster, vice provost and dean of undergraduate education. As such, the university is ramping up its virtual recruiting efforts and pulling names from wait lists.