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Tuition rates increase as Ferris State Board of Trustees approve preliminary budget

 

Ferris State University students could be paying more to go to the Big Rapids based school.

 

The board of trustees Friday approved a preliminary general fund budget for the 2017- 2018 academic year that includes a tuition increase for undergraduates of 3.77 percent.

 

This includes a lower-division increase of 3.57 percent, to $406 per credit hour, and an upper-division increase of 3.97 percent for an undergraduate rate, to $419 per credit hour.

 

The budget also includes a 2.5 percent increase in student assistance aid. Institutional aid to students has increased from $13 million, during the 2008-09 academic year, to $24.6 million in the upcoming academic year.

 

Trustees also approved a preliminary 2017-18 housing and dining budget of $32.6 million.

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