Vincennes University Approves Tuition Increase
The Vincennes University Board of Trustees has approved a tuition increase. VU says in-state tuition will increase $200 in 2021-22, bringing the total to $6,450, and will increase an additional $200 the following academic year.
VU says it remains the lowest-priced residential college in Indiana and has the state’s second-lowest tuition rates.
“The millions of dollars in enhanced scholarships are important to help us assist those who have been impacted by the pandemic and the challenges they may have faced in their family and financial circumstances,” said VU President Dr. Chuck Johnson. “We hope these additional scholarships will encourage more students to take advantage of the great educational experiences that Vincennes University offers at all of our campuses and locations.”
VU says it has also increased scholarship aid to assist more students and has taken several measures to offset the cost of attending the university. As part of the initiative, nearly a half-million dollars has been allocated to additional scholarships for all university sites and locations across Indiana, including online and military education locations.
The scholarship application deadline has been extended to August 15.
According to Johnson, the cost of attendance for a student living on the Vincennes campus will be down 28% each of the next two years.
In addition, the board approved a general operating budget of $85.8 million for the 2021-22 fiscal year and $87.6 million for the 2022-23 fiscal year.