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Point University announced its plan to hold tuition and fees constant for the upcoming academic year. The decision was approved by the board of trustees as a response to the financial impacts of COVID-19 for many students and their families.

According to the university, most higher education institutions budget for annual tuition and fees increase of 3-4 percent, which provides funds to serve its students. However, this year these costs will remain the same as costs for the 2020-21 academic year. This freeze could provide a student an annual savings of $800 or more. 

“We know that many of our students and their families are struggling financially as a result of the pandemic,” Dr. Stacy Bartlett, chief advancement and enrollment officer said in a press release. “Keeping tuition rates the same as the previous year is one way we can help ensure a Point education remains affordable for them.”