Tuition Increases Included in New VU Budget

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Vincennes is Indiana's oldest university. Vincennes is Indiana's oldest university.
VINCENNES -

The Vincennes University Board of Trustees has approved its budget for the 2019-20 and 2020-21 academic years. The more than $360 million budget includes tuition increases for both years and funding for various capital projects.

The university says tuition for a full-time Indiana resident will rise to $6,074 in the upcoming school year and $6,250 in 2020-21. The totals represent increases of $172 and $176, respectively. Despite the increase, VU says it continues to offer the lowest total cost among residential colleges in Indiana and has the second-lowest tuition rates.

The additional tuition and fees, according to the university, will be used to cover increasing operational costs, including instructional and support services, repair and rehabilitation, maintenance, utilities, and instructional technology and equipment.

"VU is dedicated to being Indiana’s best education value due to the great return on investment that we offer," President Chuck Johnson said in a news release. "VU remains the leading provider of career and technical education, resulting in highly-skilled graduates who earn high wages. At the same time, VU maintains its status as the state’s premier transfer institution."

The budget also includes more than $45 million for capital projects. The funding will be used to enhance instructional facilities on the VU campus.

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