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To provide families and students four years of financial certainty, the Executive Committee of the Board of Visitors has approved a proposal to implement a unique guaranteed tuition and fee program – the CNU Guarantee – for each of the next four incoming classes of students that will provide a guaranteed tuition rate for four years.
“We are responding to the governor’s call on public colleges and universities to provide financial certainty to students and their families on what the full four-year cost of their education will be,” Board of Visitors Rector and Newport News attorney Bobby Hatten said. “We are responding to our customers – our students and their families – who want and need predictability so they can plan and provide for higher education. We are also responding to the General Assembly, which has strongly encouraged us to limit tuition increases to less than 3 percent per year."
The average annual increase for students will be 2.5 percent each year. In the first year, tuition and fees will increase by 6.7 percent ($990). Over the following three years, tuition and fees will increase by only 1 percent, or approximately $160 each year. The Guarantee includes additional financial aid that will offset the tuition increases for those who are Pell-eligible and most in need.
Christopher Newport will be the first school in Virginia to guarantee the cost of both tuition and comprehensive fee.
Current students and transfer students may choose to participate in the guaranteed tuition and fee program or continue to pay the tuition and fees provided by the six-year plan, which provides for an average increase for tuition and fees for current students of 4.9 percent.
Pursuant to Section 23.1–307 of the Code of Virginia, the Board of Visitors will consider this plan on November 16, 2018 at 12:30 p.m. in the David Student Union.
To learn more about the proposal and to submit feedback, please visit the link below.