YSU Increases ‘Bulk’ Tuition Hours
YOUNGSTOWN, Ohio – An estimated 1,000 Youngstown State University students could save a combined $500,000 in tuition under a new tuition plan that will become effective in the spring semester in January, YSU announced.
The new tuition plan increases the “bulk rate” to 12 to 18 credits, allowing undergraduate students to take two additional credit hours and still pay the $4,044 per semester rate. Under the tuition plan now in place, undergraduate students could register for 12 to 16 credit hours per semester and pay the one “bulk” rate.
This fall semester, 990 undergraduate students are taking in excess of 16 credit hours, paying $337 for every credit hour in excess of 16. Under the new plan, those students will not have to pay the additional charge for credits 17 and 18, a savings of $674 per student. Overall, the university projects students will save a combined $500,000 in the spring semester.
“Increasing the bulk rate is part of an ongoing effort to reduce costs for students,” said Neal McNally, vice president for finance and business operations, in the news release announcing the change. “YSU is already one of the most affordable universities in the region, and this new rate plan will lower those costs even more.”
McNally noted that the change in the bulk rate is also consistent with the recently published recommendations from the Governor’s Task Force on Efficiency and Affordability in Higher Education.
Copyright 2024 The Business Journal, Youngstown, Ohio.