Tennessee Wesleyan Board of Trustees approve undergraduate tuition increase, University remains committed to helping make college affordable
Nov 02, 2018
Friday, November 2, 2018 – Tennessee Wesleyan University Board of Trustees voted to increase undergraduate tuition for the 2019-2020 academic year by just $600. The vote saw no opposition from the group of trustees who gathered on campus for the fall meeting. The slight increase shows the University’s commitment to providing a quality education without continuing the nationwide trend of increasing tuition prices.
With today’s vote, full-time undergraduate students will pay $23,900 for the academic year – this includes full-time nursing students. The Trustees also voted to not increase the rate for TWU’s adult and graduate programs. Fees for the upcoming academic year were also approved at $1,250. An increase of $250 that reflects the new services and amenities the University will offer in the new Colloms Campus Center, as well as health and wellness initiatives including expanding counseling services that all students will have access to.
Since 2015, TWU has increased tuition by only $1,000 while also increasing institutional aid to all students by $1,858,448. During that same period, four-year private institutions (nationwide) have seen a tuition increase of $1,680. In the annual rankings from U.S. News & World Report, TWU was placed 8th as a best value in the South highlighting the quality of our degree programs at an affordable price – a distinction that Tennessee Wesleyan has received multiple years.
Your affordability team
Even with the slight increase, the University is dedicated to helping students make college affordable. Many individuals and offices on campus are charged with this role and guide students and parents through a financial aid roadmap so they understand the true cost of higher education – specifically a TWU education. Generous donors that believe in the opportunities that an education from Tennessee Wesleyan will provide future students. In fact, during the 2017-2018 academic year, more than 130 donor-funded scholarships were awarded to our students.
Between supportive staff and caring donors, TWU provides an affordability team to help make the dream of attending college a reality for many students.
The affordability team will help students discover how much institutional and federal aid they can get to decrease the total amount they have to pay. For example, a high-achieving high school student can receive up to $14,000 for a merit award, reducing their cost to $9,900 before federal aid or any additional scholarships. Merit awards are given based on high school GPA and ACT or SAT scores and evaluated at the time of application. Students can calculate their true cost by utilizing the True Cost Calculator on the University’s website. On average, enrolled freshman during the 2017-2018 school year received $14,117 from the University based on need and merit, significantly reducing the amount students must pay out-of-pocket.
Financial fast facts
Within the undergraduate population, 90 percent of students receive institutional aid, and about 98% percent receive some sort of financial aid (either institutional, federal, private or a combination). The University’s commitment to helping students reduce the amount they pay is reflected in the percent of students that graduate with no debt, 36 percent of the most recent graduating class. TWU students also graduate with 7.4 percent less debt than the national average for undergraduate degree earners.
The new rates will take effect for the 2019-2020 academic year and include additional pricing for the new Master of Occupational Therapy program and room and board.
Tennessee Wesleyan University, founded in Athens, Tennessee in 1857, is a comprehensive liberal arts institution affiliated with the Holston Conference of the United Methodist Church. The University offers more than 30 academic programs at the undergraduate and graduate level and is dedicated to supporting and mentoring students as they explore and discover their purpose. For additional information about Tennessee Wesleyan University, visit www.tnwesleyan.edu.