Undergraduates in the College of Arts, Sciences, and Engineering at the University of Rochester will see an increase of 3.9 percent in the term bill, to $49,070 for the 2009-10 academic year.
Tuition for the College will rise 4 percent from $36,410 to $37,870, with the cost of the most common combined room and board plans growing 3.6 percent from $10,810 to $11,200. The College will increase its spending on undergraduate financial aid by more than $7 million.
"An increase in tuition will help the College to sustain academic quality, maintain current faculty-student ratios, and introduce important new degree programs at a time when the income from the University endowment has declined," said University President Joel Seligman. Endowment income is expected to be $14.6 million less than originally budgeted for 2009-10.
Tuition for continuing students at the Eastman School of Music—sophomores, juniors, and seniors—will show a 4.5 percent increase. Tuition for incoming freshmen will increase to $37,870, bringing it on par with the College.
The rates for 2009-10 at the University's professional schools are: $39,700 for the School of Medicine and Dentistry, a 2.6 percent increase; $33,327 for the School of Nursing, a 2.5 percent increase; $40,980 for the William E. Simon Graduate School of Business Administration, a 5 percent increase; and $34,250 for the Margaret Warner Graduate School of Education and Human Development, a 4 percent increase.
The University Board of Trustees approved tuition rates for all schools at its March meeting.