April 20, 2013
WILLIAMSBURG, Va. (AP) - The College of William and Mary is locking in tuition rates for new Virginia students and tying increases for returning in-state students to the inflation rate.
The Richmond Times-Dispatch reports that the Board of Visitors approved the plan Friday. College officials say it brings predictability to the cost of a degree.
New in-state students next year will pay $10,428 in tuition. That rate will be frozen for four years.
Mandatory fees will not be locked in. Those charges and room and board will bring the total to $25,279.
Future classes will start with a higher tuition rate, also guaranteed for four years.
Returning Virginia students will pay $8,833 in tuition, a 1.8 percent increase based on inflation. With mandatory fees and room and board, the cost will be $23,684.