State approves Miami's Tuition Promise, a guaranteed four-year tuition
The Tuition Promise freezes tuition, room, board and other costs over the four years of a student’s Miami experience.
by Claire Wagner, university news and communications
Incoming Miami students and families will now know with certainty their four-year cost for tuition, room, board and other costs. This week the state approved Miami University’s Tuition Promise. The guaranteed tuition plan begins with the fall 2016 entering class.
The chancellor of the Ohio Department of Higher Education approved Miami’s guaranteed tuition proposal that provides all first-time Oxford undergraduate students and their families the predictability of tuition, room and board, special purpose fees and course fees. The Tuition Promise freezes those costs over the four years of a student’s Miami experience. Miami’s trustees had approved it pending state approval in December.
“We support efforts to keep the costs of higher education contained for our students, and Miami University’s Tuition Promise is a good example of that,” said Ohio Department of Higher Education Chancellor John Carey. “Having those costs frozen over four years can help students and their families better plan for their postsecondary education.”
“We appreciate the state supporting Miami in being responsive to families with this plan,” said David Hodge, Miami president. “Stable costs also ensure that scholarships and financial aid will retain their value over a student’s four-year college period.”
As is typical for guaranteed tuition plans, the tuition rate is set the first year, then the following three years do not change. The rate for tuition and fees for first-time Ohio students on the Oxford campus next fall will be $14,736, including tuition and technology, facilities and transit fees.
Traditional room and board plans will be $12,060, with costs varying for different plans. Those fees then stay flat for three years (for comparable plans).
The Tuition Promise allows transfer students from Ohio’s public community and technical colleges to enter Miami at the cohort level that matches the earliest date of their enrollment at their previous college. This provides a lower tuition than was possible before.
“Not only does Miami’s Tuition Promise offer predictability for families, it encourages and supports degree completion for Ohio students,” said Susan Schaurer, director of admission and assistant vice president for enrollment management. The Tuition Promise allows transfer students from Ohio’s public community and technical colleges to enter Miami at the cohort level that matches the earliest date of their enrollment at their previous college, providing a lower tuition than was possible before.
More details on the Tuition Promise, including details for transfer and relocating students, academic status, winter and summer terms and more, are at www.miamioh.edu/tuitionpromise.