While Aid Helps, Some Struggle With Private School Tuition

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While Aid Helps, Some Struggle With Private School Tuition

by Charles Dervarics , July 20, 2009

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Among the nearly 300 institutions responding to the survey, 83 percent said financial aid applications are on the rise among students.

Elsewhere, most private colleges and universities said they accepted a higher number of regular applicants compared with the previous year, the survey said. More than one-third said they accepted late applications or extended their recruiting cycle. In addition:

n 52 percent of institutions said they have students who are on a tuition payment plan;

n 54 percent of institutions have frozen salaries; and

n 47 percent have instituted a hiring freeze.

About half of the colleges said they made internal budget cuts and steered the savings toward institutional aid to students.

The majority of colleges in the survey have between 1,000 and 5,000 students. For more information, contact NAICU at www.naicu.edu.

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Comments posted here may be reprinted in Diverse: Issues In Higher Education magazine, and may be edited for purposes of clarity and/or space.

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