AUSG President Devontae Torriente issued this statement on the tuition increase and the FY 2018-2019 budget for American University, which was approved by the Board of Trustees on Friday, March 3.
On Friday, the AU Board of Trustees approved the new budget for American University that will be effective through fiscal year 2019. The budget totals $1.4 billion to operate the university, and includes a 4% per year increase in tuition. For the first year, academic year 2017-2018, tuition will increase $1,762 to $45,808 and for academic year 2018-2019, tuition will increase $1,832 to $47,640. Tuition is currently $44,046.
While a tuition increase is obviously not ideal for students, many of whom will now need to work extra hours or take out more loans to pay for their AU education, financial aid is also increasing by 4%, which will maintain the level of financial aid for students as long as their financial situation hasn’t changed.
In addition to the tuition increase, there will be increases in the costs of housing and meal plans, 1% and 2% respectively. The budget also includes a number of programs and services that AUSG pushed for, including the hiring of a second Title IX coordinator, expanded counseling services, and course and lab fees which will now be built into the total cost of tuition.
At this stage, AUSG is focused on ensuring that students are aware of how the new budget affects their ability to finance an education at AU. We will continue to pressure the university to prioritize student services, the quality of the student experience, and lowering our students’ debt.
AUSG has created a guide to the tuition hike & the budget here.