By PBN Staff
KINGSTON – The University of Rhode Island has frozen tuition for the 2013-14 academic year for all students.
URI President David M. Dooley said in a statement that the university is trying to recognize the role financing plays in access to higher education.
“While we recognize that a college education is a major investment, we also know that college graduates fare much better in the labor markets than those without degrees, and are better prepared for success in a global economy,” Dooley said. “Access to education is essential to sustained economic development.”
Dooley also said the university believes that the freeze – given to in-state and out-of-state students, “is an important step forward in addressing affordability and access to higher education.”
In-state undergraduate tuition will freeze at last year’s $10,878 rate. Out-of-state undergraduate tuition will freeze at $26,444.
The university also has increased financial aid to record levels.
“One of the most important investments we can make is in the potential of our students,” said Gov. Lincoln D. Chafee in a statement. “We must all do all we can to ensure that motivated and hardworking Rhode Islanders can attain a quality college education.”
URI received a record number of applications for the fall 2013 freshman class.