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Tuition & Fees for FY1999: At 3.9%, Lowest Increase in Decades

At Friday's meeting of the executive committee, the Trustees approved an increase of 3.9 percent in total undergraduate student charges for the 1998-99 academic year-the lowest percentage increase in three decades, according to President Judith Rodin. They also approved enhancements to the financial aid to maintain the need-blind admissions policy. The table below shows Penn's figures in relation to the Ivy institutions that have announced their increases, plus some selected peer institutions. Please see statement issued after the trustees' vote.--Ed.

Peer Institution Tution and Fees

% Total Increase Total Costs Tuition/Fees Room Board
Brown 3.9% $31,060 $24.162, 4.5% $4,238, 2% $2,660, 1.4%
Columbia TBA TBA TBA TBA TBA
Cornell 4.5% $30,429 $22,874, 4.4% $4,534, 4% $3,021, 6%
Dartmouth 3.9% $30,822 $23,910, 3.9% $4,047, 4.5% $2,865, 3%
Duke 3.5% cont. $30,042 cont. $22,420, 4% cont. $7,622 (R&B)
6.3% new $30,842 new $23,220, 7.7% new
Harvard 3.5% $31,132 $23,618, 3.6% $3,940, 3.5% $3,574, 3%
M.I.T 3.9% $30,800 $24,050, 4.1% $6,750 (R&B), 3.1%
Northwestern 5.2% cont. $26,873 cont. $20,244, 5.7% cont. $6,629(R&B), 3.8%
$29,021 new $22,392, 17% new
PENN 3.9% $30,490 $23,254, 4.5% $4,560, 3% $2,676, 0%
Princeton 3.7% $30,531 $23,820, 3.9% $3,077, 3% $3,634, 3%
Stanford 3.5% $29,879 $22,110, 3.8% $7,769 (R&B), 2.8%
Univ. of Chicago 2.74% $30,508 $22,902, 3.7% $7,606 (R&B), 0%
Yale 2.9% $30,830 $23,780, 2.9% $7,050 (R&B), 2.9%


Return to:Almanac, University of Pennsylvania, March 24, 1998, Volume 44, Number 26