Harrisonburg, Virginia — James Madison University’s Executive Committee of the Board of Visitors met to discuss tuition for the 2022-23 year. This meeting was held today (June 22) in Reston.
At a regularly scheduled Board of Visitors meeting held on April 22, the board voted on tuition and mandatory fees, pending the outcome of the state budget and to allow the Executive Committee to reconvene for any necessary adjustments.
During the April meeting, it was voted for tuition to increase in the following ways:
- Virginia undergraduate students– Annual tuition increased by $294 (3.9%)
- Non-resident undergraduate students– Annual tuition increased by $358 (1.5%)
- Virginia graduate students– Annual tuition increased by $18 per credit hour (3.9%)
- Virginia non-resident graduate students– Annual tuition increased by $18 per credit hour (1.5%)
Tuition and mandatory fees are a critical component to the daily operations and level of services provided by the university. With annual fixed costs increasing, in addition to statewide employee compensation increases, the intention of this tuition increase was to offset some of those reoccurring expenses and to maintain the services offered.
With an additional $4.6 million from the state allocated specifically to aid in tuition affordability, the Executive Committee of the Board of Visitors has modified the tuition for the 2022-2023 year.
Today, the Executive Committee voted to reduce tuition that had been previously set in April for in-state undergraduate and in-state graduate students to 3%. All in-state undergraduate students will receive a one-time scholarship to cover the cost of the tuition increase, which will be $224 for the year. While tuition will go up, the scholarship will offset that increase for all Virginia undergraduate students, essentially keeping their tuition flat.
“Balancing a budget this year provided challenges we were able to overcome with statewide support and partnerships,” said JMU President Jonathan Alger. “We are grateful for the state’s investment in our institution of higher education and also in the commitment to helping students have greater access to further their education.”
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Media contact: Mary-Hope Vass, [email protected] or 540-568-7487