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Columbia College looks to ease students’...
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Columbia College looks to ease students’ financial burden
Jan. 5, 2011
Columbia College to offer Fixed-rate Tuition along with current institutional aid
2011 was a challenging economic year for the country, and no area was immune. Public institutions of higher education face decreasing state funding. Private institutions such as Columbia College also are experiencing the ramifications of tough financial times. In Missouri, those challenges come in the form of proposed cuts to Access Missouri, a statewide need-based financial aid program. Nationally, military tuition assistance may face severe cuts. Students face great challenges as they make financial plans for their education.
In 2012, we will continue to innovate by offering solid financial solutions to students and their families
“The past few years have been wrought with economic hardships for families and students,” said Dr. Gerald Brouder, president of Columbia College. “Despite these challenges, we offer an innovative financial planning solution for our traditional Day Campus students. It’s called Fixed-rate Tuition, and it is another way Columbia College continues to be a model institution.”
Fixed-rate Tuition locks in each student’s tuition rate upon initial enrollment for up to five consecutive years. Students who enroll full time in the traditional Day Campus program during the 2012–2013 academic year will pay the same rate every year through the 2016–2017 academic year.
“The coming year will bring some uncertainty as we do not yet know what might happen to Access Missouri grants and military tuition assistance,” said Sharon Abernathy, director of Financial Aid. “Despite these challenges, Columbia College has options for students who need financial assistance to attend college.”
“We have disbursed more than $6 million in institutional aid to students who attend Columbia College in 2010,” said Abernathy. “That aid has come in the form of scholarships for students at all campuses, grants for service members and their families, and the presidential and Columbia College scholarships that fund the entire cost of education for 10 students each year. “
“At this point, nearly 1,400 students receive at least some of their financial assistance in the form of institutional aid in the form of scholarships and grants from Columbia College,” said Brouder. “In 2012, Fixed-rate tuition will provide one more way for students and families to feel secure about their financial decisions related to attending college. There will be no changes, no hidden fees. We will provide continue to provide a quality education at a reasonable price.”
Traditional, Day Campus students know that from the point they begin their education at Columbia College, they will pay that same rate—no matter what—as long as they graduate in five years.
Founded in 1851 in Columbia, Mo., Columbia College has been assisting students advance their lives through higher education for more than 160 years. As a private, nonprofit, liberal arts and sciences institution, the college takes pride in its small classes, experienced faculty and quality educational programs. With more than 30 campuses across the country, 18 of which are on military installations, students may enroll in day, evening or online classes. The college is accredited by the Higher Learning Commission and is a member of the North Central Association of Colleges and Schools. Columbia College educates more than 30,000 students each year and has more than 70,000 alumni worldwide. For more information, visit www.ccis.edu.
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