WEB UPDATE: Board raises tuition by 3.9 percent

Posted Friday, Feb. 10, 2:35 p.m. The GW Board of Trustees voted on Friday to raise tuition rates for the 2006-2007 academic year by the lowest amount in more than two decades.

At their winter meeting in 1957 E St., the 35-member body raised tuition for undergraduate students by 3.9 percent. The incoming freshman class and transfer students for the 2006-2007 academic year will be paying $37,790 as part of a fixed-tuition plan.

The class of 2007 is the last undergraduate class to remain on the traditional tuition plan. The class of 2007 tuition will also be raised 3.9 percent to $33,590.

University President Stephen Joel Trachtenberg said that despite the raise in tuition, the 3.9 percent hike was a modest increase.

“We conscientiously made this figure,” Trachtenberg told The Hatchet after Friday’s board meeting.

Last year the board raised tuition by 5 percent to $30,820 for sophomores and $30,530 for upperclassmen. Trachtenberg said a 12 percent increase in this year’s endowment was a contributing factor in the relatively low tuition hike.

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