JBU Announces 2008-2009 Tuition, Fees, Room and Board Rate
Siloam Springs, Ark. (February 5, 2008) - John Brown University’s Board of Trustees and the President’s Cabinet recently approved an increase of 5.79 percent for tuition, fees, room and board for the 2008-2009 academic year. The cost breakdown for 2008-2009 tuition, fees, room and board is as follows: Increase % Increase $ Total Cost Tuition 5.89% $ 960 $17,256 Fees 3.85% $ 30 $ 810 Room and Board 5.79% $ 360 $ 6,580 Total 5.79% $1,350 $24,646 The tuition increase will help the university make necessary salary and benefit adjustments to appropriately compensate faculty and staff for their quality work. It will also allow the university to add faculty and staff positions needed to keep up with JBU’s growth. Other factors considered in the increase were the continued rise in insurance, service contracts, and other general costs. For the 2007-2008 academic year, tuition, fees, room and board increased by 5.35 percent, making the total cost $23,296.
“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,” Dr. Charles Pollard, JBU president, said. “In addition to keeping tuition costs in check, JBU has succeeded in increasing its endowed scholarship funds for students by more than $13 million in the past three years. The increase from this year alone will allow JBU to offer over $100,000 more in scholarship funds to this fall’s students over last year. And through the gracious gifts of friends and donors who believe in the quality of a JBU education, those endowment funds continue to grow,” Pollard said. JBU recently completed fundraising that included $6.1 million for building renovation, including the historic Cathedral of the Ozarks; $10 million for the endowed scholarship funds; and $2 million for the annual JBU Scholarship Fund. Encouraged by an anonymous donor, JBU also recently began a new $20 Million Challenge to raise additional endowed scholarship funds and endowed funds to support university programs. Last October, JBU announced that it had received funding from an anonymous donor to complete the $3.5 million expansion of its North Hall residence hall. JBU relies on gifts rather than student tuition dollars to build and renovate new facilities.