JBU Announces 2009-2010 Tuition, Fees, Room and Board Rate
Siloam Springs, Ark. (February 17, 2009) — John Brown University’s Board of Trustees and the President’s Cabinet recently approved the lowest percentage tuition increase in over 20 years: 4.50 percent for tuition, fees, room and board for the 2009-2010 academic year. JBU has purposefully worked to keep the annual tuition increase as low as possible in an effort to keep costs manageable for students and families who may be struggling in the current economy. JBU has also made adjustments in the university budget to increase the amount of money available for student scholarships. Institutional scholarships at JBU will increase by $220,000 next fall. In addition, JBU has succeeded in increasing its endowed scholarship funds for students by more than $16 million in the past three years. The increased endowment funds from this year alone will allow JBU to hand out nearly $125,000 more in endowed scholarship funds to students this fall. Altogether JBU will distribute at least $345,000 more in scholarships for the 2009-2010 school year than it did last year, all in an effort to make a quality, Christian university education as affordable as possible even at this challenging economic time.
The costs for 2009-2010 tuition, fees, room and board break down as follows:
Tuition $18,032 Fees $ 848 Room and Board $ 6,876 Total $25,756
Total increase of 4.5%
Last year, tuition, fees, room and board increased by 5.79 percent. The total cost for the 2008-2009 academic year was $24,646. “JBU’s board and administration are committed to providing the best Christian university education for our students while also making that education as affordable as possible. We realize that families are making a significant financial investment to send a student to JBU and that the current economic recession may make that decision more difficult this year. With this in mind, we have taken extra measures to control costs and to increase scholarship aid,” said Dr. Charles Pollard, JBU president, said. JBU is currently in the middle of a $20 Million Challenge campaign to raise additional endowed scholarship funds and endowed funds to support university programs. Last year, JBU completed an $18.1 million fundraising campaign that included $10 million for the endowed scholarship funds, $6.1 million for the Cathedral Group renovation, and $2,000,000 for the annual JBU Scholarship Fund.