••••••••••••• ••••••••••••• •••••••••••••
a r o u n d cam p u s
Average AMU class size:
20 By the Numbers
Student to faculty ratio:
15:1 Classes taught by professors with a Ph.D. or a terminal degree
85% Number of majors, including Education & Accounting, with Nursing expected in 2014:
23 U.S. states represented by students:
48 Countries represented by students:
18
|
News@AMU
AMU Announces Tuition Reduction
P
resident Jim Towey announced that Ave Maria University is reducing its tuition and fees by 22 percent, a move that will not result in any cuts to academic or student life. Instead the reduction will maintain affordability, increase accessibility and uphold the 10-year-old University’s commitment to excellence, Towey said. Tuition starting in the Fall of 2014 will be reduced to $17,940, which is a $5,060 decrease from this academic year’s tuition. Currently, students pay $23,000 in tuition and fees. Returning students will also pay $17,940 in tuition and fees. These students will receive a recalculated bill next summer that adjusts tuition and fees charges and University institutional aid proportionately to harmonize this one year freeze. No returning student will pay a dollar more than they paid this year in tuition and fees. “I don’t believe any college or university in Florida provides the excellence and value we provide, nor is there a campus culture anywhere more suited to the spiritual and moral development of its students,’’ Towey said. Class sizes and student-faculty ratios will remain small. More than 85 percent of the University’s classroom instruction is by professors with a Ph.D. or other terminal degree, not by graduate assistants and adjuncts. Small class sizes and top-flight faculty will remain hallmarks of the University. U The average student at AMU pays less than an attendee at nearly all private M A colleges and universities in Florida and at Catholic universities nationwide. d e at is loc e of During the last 25 years, there has been an “affordability crisis” in on fest brewing in higher education. Tuition costs at American universities have the sa es in spiraled out of control, increasing at more than four times the rate of ti coun ida inflation. The AMU tuition reduction will help families no longer willing Flor to mire themselves in debt to pay exorbitant tuition costs or jump through complex and confusing financial aid hoops. This AMU plan will help decrease that debt and increase transparency in the financial aid system. Towey said AMU can reduce its tuition and fees by $5,000 for two main reasons. First, AMU’s budgetary cost controls are firmly in place and the streamlined administrative structure allows the University to operate in a cost-effective manner. Second, the reduction will be cost neutral for the budget because AMU expects to increase enrollment and thanks to Founder Tom Monaghan and other generous donors, the $250 million infrastructure in place is ready to accommodate this growth. With nearly 1,000 students from 48 states and 18 countries, AMU is ready for the student body to reach 1,500 by the fall of 2016.
the 22% reduction 4
| ave maria magazine | avemaria.edu
tuition and fees 2013-14 2014-15
Reduction
$23,000 $17,940 $5,060