W&M Board to meet in April to consider tuition and fees
Section 23.1-307 (D) of the Code of Virginia requires that 30 days prior to approval of each year's tuition and mandatory fees the Boards of Visitors of Virginia's higher education institutions announce the range of increase under consideration and the proposed use of any incremental revenue.
On Oct. 17, 2017, consistent with recent practice to provide prospective Virginia students and their families with early notification of planned tuition rates, William & Mary issued a public notice that its Board of Visitors would set the tuition rate for incoming in-state freshman and undergraduate transfer students at its Nov. 17, 2017, meeting. As part of that meeting, William & Mary’s Board of Visitors took the following action:
- Current in-state undergraduate students will see no tuition increase for the 2018-2019 academic year. These students are enrolled under the William & Mary Promise, which provides a four-year tuition guarantee.
- For incoming in-state freshman and undergraduate transfer students, the Board increased tuition to $17,434 for Fall 2018. As with current in-state, undergraduate students, tuition for the entering in-state class will be guaranteed at this level and will not increase again during their four years under the Promise.
The William & Mary Board of Visitors is expected to take action on tuition for out-of-state undergraduate students, tuition for in-state and out-of-state graduate and professional students, and mandatory fees for all in-state and out-of-state students at its April 20, 2018, meeting.
- For out-of-state undergraduate students, the Board will consider tuition increases ranging from 3% to 5%.
- The Board will consider fee increases, which support a mix of academic and non-academic support services, between 2% and 6% for all undergraduate students.
Revenue generated from tuition and fee increases, in combination with other revenues and reallocated funds, will likely be used to address personnel costs, including the university's share of any state mandated fringe and health benefit changes, need-based financial aid, and selected institutional initiatives.
The meeting will be held in the Board Room on the third floor of Blow Memorial Hall, located at 262 Richmond Road. More information on the Board meeting will be released next month in accordance with the university’s normal schedule of announcing public meetings.