Trustees approve 4.2% endowed tuition hike

The Cornell Board of Trustees, at its Jan. 29 meeting in New York City, approved a 2000-01 budget that calls for a 4.2 percent tuition increase for the endowed colleges.

The tuition increase is lower than last year's adjustment and the lowest since 1965-66, said Henrik N. Dullea, vice president for university relations.

The 4.2 percent increase sets tuition at Cornell's endowed colleges at $24,760 for the 2000-01 academic year. Currently, endowed tuition is $23,760.

Professional school tuitions and other fees for 2000-01 approved by the trustees are:

• Johnson Graduate School of Management (new MBA students), a 7.8 percent tuition increase to $27,600.
• Johnson Graduate School of Management (continuing MBA students), a 5.1 percent tuition increase to $26,900.
• Cornell Law School, under development.
• Graduate School (endowed), a 4.2 percent increase to $24,760.
• Undergraduate student activity fees, a 4.5 percent increase to $92.
• Graduate and professional student activity fees, a 4.4 percent increase to $50.
• Housing rates were increased by 5 percent to an average of $4,951.
• The full-plan dining contract was increased by 6 percent to $3,328.

Statutory college tuition rates will not be considered by the board until state budget proposals have been reviewed.

Click here to read about other board actions at the meeting.