PROVIDENCE – Brown University’s tuition and fees for the 2021-22 academic year will increase by only between 1.8% and 2.9% for undergraduate, graduate and medical students, the Ivy League university announced late Monday.
The increase, which was approved Feb. 6 by the university’s corporation, marks the lowest such increase in more than a decade, Brown said.
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According to Brown, undergraduate students will be paying $60,944 in tuition next academic year and $78,668 including room-and-board, health, recreation and activities fees.
Graduate students will pay $7,618 per course next year, Brown said, also a 2.9% increase. Brown also said that given a shift to market-based pricing for some master’s degrees, about a dozen such programs have tuition rates that vary from the standard. Therefore, Brown said most master’s programs will keep the same tuition from 2020-21 or increase by 2.9% next year.
Tuition for medical students will rise by 1.8% next year to $66,110, Brown said.
Brown Provost Richard M. Locke said in a statement that the “modest” increase will provide close to $16 million in additional revenue for the university to support teaching, learning and research on campus.
Additionally, Brown said faculty and staff will as of July 1 see salary increases of 2.5%. It will end the salary freeze that was implemented in April 2020 due to the COVID-19 pandemic’s financial impact on Brown.
The university also said it will reinstitute its full-match contributions to retirement plans for eligible employees beginning on or after Feb. 28. Back in November, Brown implemented a temporary 12-month reduction in such contributions for nonunion employees, however Brown said the reduction will end sooner than expected.
James Bessette is the PBN special projects editor, and also covers the nonprofit and education sectors. You may reach him at Bessette@PBN.com. You may also follow him on Twitter at @James_Bessette.
