ERIC Number: ED405790
Record Type: RIE
Publication Date: 1997
Reference Count: N/A
Ten Facts about Tuition at Independent Colleges and Universities. A Report from the National Association of Independent Colleges and Universities.
National Association of Independent Colleges and Universities, Washington, DC.; Human Capital Research Corp., Chicago, IL.
This report seeks to explain the complex relationship between "cost" and "price" at independent private colleges and universities, and to demonstrate that federal student financial aid does not contribute to tuition and fee increases at such institutions. To support these results, 10 facts, drawn from multivariate statistical analyses of data from a recent National Association of Independent Colleges and Universities survey are noted: (1) Federal grant aid helps slow the rate of tuition growth; (2) the majority of undergraduates do not pay full tuition because of grant and scholarship assistance; (3) out-of-pocket tuition expenses have changed at a slower rate than published tuition levels; (4) tuition that families actually pay is based on financial need; (5) the difference in out-of-pocket expenses for public versus independent institutions is less than generally thought; (6) the cost of educating students is the largest determinant of tuition growth; (7) student financial aid policies are used to maintain a commitment to access and diversity; (8) the increase in institutionally provided aid is the fastest growing determinant of tuition and fees; (9) gift and endowment income help hold the line on tuition growth; and (10) institutions are attempting to reduce pressure on tuition by broadening revenue sources. (CH)
Descriptors: Educational Finance, Endowment Funds, Federal Aid, Financial Support, Grants, Higher Education, Instructional Student Costs, Need Analysis (Student Financial Aid), Parent Financial Contribution, Paying for College, Private Colleges, Scholarship Funds, Statistical Analysis, Student Costs, Student Financial Aid, Surveys, Tuition
National Association of Independent Colleges and Universities, 1025 Connecticut Avenue, N.W., Suite 700, Washington, DC 20036.
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: National Association of Independent Colleges and Universities, Washington, DC.; Human Capital Research Corp., Chicago, IL.