Tuition for full-time undergraduates at Homewood will
increase 4.9 percent next year, the third year in a row and
the sixth in the last eight that the university has held
the annual increase below 5 percent.
Tuition for 2004-2005 will be $30,140, up $1,410 from
this year's $28,730. That rate applies to the more than
4,100 full-time undergraduates in the Krieger School of
Arts and Sciences and Whiting School of Engineering.
The board of trustees approved the new charges at its
December meeting, along with next year's tuition for all
other Johns Hopkins full-time and part-time programs [see
box, below].
At the direction of the trustees, the university has
moved in recent years away from the higher-percentage
tuition hikes of the 1970s, '80s and early '90s. Before the
fall of 1997, Homewood undergraduate tuition had increased
5 percent or more for 22 straight years. The increase was
10 percent or more seven times during those years.
More recently, the Homewood increase has exceeded 5
percent only in fall 2000 and the following year, when the
costs of operating the new Mattin Center and O'Connor
Recreation Center were built into the rate structure.
"The Homewood Schools remain committed to discipline
in our costs, restraint in our tuition increases and active
fund raising for financial aid, all to minimize — to
the extent we can — the burden on our students and
their families," said Daniel Weiss, the James B. Knapp Dean
of the Krieger School.
Next year's charges for most of Johns Hopkins' peer
institutions have not yet been announced. But Andrew
Douglas, interim dean of the Whiting School, pointed out
that the recent series of conservative increases at Johns
Hopkins have this year brought the university down to 10th
among its peer group of 18 private research universities in
total cost of attendance, tuition plus room and board.
Johns Hopkins ranked eighth in total charges last year and
sixth the previous year. The peer group includes the entire
Ivy League, and universities such as MIT, Stanford,
Chicago, Duke and Georgetown.
"For the first time since the 2000-2001 academic
year," Douglas said, "Homewood undergraduates are being
charged tuition and room and board below the median of our
peer group. That's an accomplishment that the trustees and
administration hope to extend and improve on."
Financial aid will cut the actual cost of next year's
education at Johns Hopkins for many undergraduates well
below the $30,140 "sticker price." In fact, said Ellen
Frishberg, director of student financial services, among
Homewood undergraduate families who qualify for financial
aid, the cost of attendance is typically half that sticker
price.
This year, Frishberg said, 59 percent of Homewood
undergrads are receiving some form of need-based aid, and
46 percent receive grants from the university's own funds.
This year's total financial aid package from all sources
— university funds, federal grants and loans, and
private or other aid — is $55 million.
The university also has been increasing the grant
portion of financial aid packages and reducing loans. Last
spring's seniors on financial aid graduated with an average
student loan debt of $13,300, below that of the four prior
classes and well below the private college average of
$21,200. The increased emphasis on grants was made possible
in part by former trustee chairman Michael R. Bloomberg,
now mayor of New York City.
Elsewhere in the university, full-time undergraduates
at the Peabody Conservatory will pay annual tuition of
$27,000 in the fall, up 4.4 percent from this year.
Tuition for undergraduates at the School of Nursing
will increase 7 percent; that translates to a $22,224
charge in the traditional track and $41,760 in the
accelerated program. Nursing undergraduates have been
paying the lowest tuition among full-time Johns Hopkins
undergraduates and among the lowest at any U.S. nursing
school. The increase is necessary, school officials said,
to maintain academic excellence in the face of cuts in
Maryland state aid and recent restrictions on endowment
payout.
Part-time undergraduate tuition in Engineering, SPSBE,
Peabody and the summer program in Arts and Sciences will
increase by varying amounts, from 1.8 percent to 5.6
percent.