Nichols College has announced that tuition for undergraduate day students will remain the same for the 2014-15 academic year as in the current school year.
“There’s been much discussion in the education community about escalating costs,” explains Associate Vice President for Enrollment William Boffi. “We wanted to do something about it.”
In recent years especially, Boffi points out, college tuitions around the country have continued to rise even as many families are still enduring the hardships of the 2009 recession and its aftermath. In several speeches earlier this year, President Barack Obama expressed concern about increasing tuition costs.
Nichols’ yearly tuition stands at $32,070. Director of Admissions Paul Brower says that the cost of a Nichols education remains competitive. “We look at many of our peer schools and try to keep our tuition below theirs,” he notes, adding that 93 percent of Nichols students receive financial aid.
“We have been recognized as a great value. We are now an even better value,” Brower continues, referring to the highly regarded annual rankings of U.S. News and World Report’s “Best Colleges.”. In the 2014 edition released last month, Nichols placed ninth among similar schools throughout the northern United States in the category, “Best Value Colleges.”
Nichols ranked number one in the percentage of students receiving financial aid.
“We’re committed to make Nichols even more affordable for our families,” says Director of Financial Assistance Denise Brindle.
“Our vision is to be the college of choice for business and leadership education,” adds Boffi. “We have a great product. Having a great product at a great price moves us closer to that vision.”