NEW BRUNSWICK, N.J. – Making every effort to maintain affordability, the Board of Governors of Rutgers, The State University of New Jersey today limited tuition, fee, room, and board increases for the 2016-17 academic year to 1.7 percent for most undergraduates.
“I am pleased that, once again, we are able to keep tuition and fee increases at Rutgers to a minimum,” said Greg Brown, chairman of the Board of Governors. “In the face of ongoing budgetary challenges, the faculty and staff of this outstanding university are to be commended for continuing to provide an affordable, high-quality education for New Jersey’s top high school graduates.”
Today’s action continues a trend of modest cost increases at New Jersey’s largest and most comprehensive higher education provider. Over the past five years, undergraduate tuition and mandatory fee increases at Rutgers’ campuses have been among the lowest for their respective national peer groups. Today’s 1.7 percent increase is significantly below Rutgers five-year average of 2.4 to 2.5 percent depending on campus location.
“We are grateful for the additional state funding that has been provided in areas such as student financial aid, and we remain hopeful that a more robust economy in the years ahead will allow for greater state investment in Rutgers and other public institutions in New Jersey,” Brown added. Funding for New Jersey’s Tuition Aid Grant (TAG) program is set to increase by $17.8 million statewide in the coming year.
To help ensure that Rutgers remains accessible to all qualified New Jersey residents, the board allocated an additional $500,000 in university funds for need-based student financial aid, bringing the total Rutgers Assistance Grant (RAG) budget to $33 million. RAG awards are used to supplement state and federal financial aid offerings. Sixty-two percent of Rutgers undergraduates received some form of need-based financial aid last year.
Tuition increases at Rutgers are driven by increasing expenditures – primarily personnel salaries – moderated by any increased appropriations in the annual state budget. For 2016-17, the base state appropriation for Rutgers is scheduled to remain unchanged; while additional other amounts have been provided for capital investments, student aid, and research.
As a result of today’s action, a typical in-state, full-time, Arts and Sciences undergraduate at Rutgers University-New Brunswick will be billed $14,372 in combined tuition and mandatory student fees in 2016-17, an increase of 1.7 percent over last year. For such a student living on campus, total charges (tuition, fees, room and board) will rise 1.7 percent to $26,632. Comparable rates will also increase 1.7 percent at Rutgers University-Camden, to $14,238 for tuition and fees and to $26,146 for total charges, and at Rutgers University-Newark, to $13,829 and $26,888. Specific tuition, fee, room and board charges at Rutgers vary across the university’s colleges and schools. In many cases, individual student costs are reduced by federal, state or institutional financial aid.
Established in 1766, Rutgers, The State University of New Jersey, is America’s eighth oldest institution of higher learning and one of the nation’s premier public research universities, educating more than 67,000 students and serving the people of New Jersey at campuses, divisions, research centers and clinical practices throughout the state. Rutgers’ flagship, based in New Brunswick, is the only public institution in New Jersey represented in the prestigious Association of American Universities. Rutgers-New Brunswick is also a member of the Big Ten Conference and its academic counterpart, the Big Ten Academic Alliance – a consortium of 14 world-class research universities.