Dive Summary:
- Tuition for Ashland University will drop $10,000 to $18,908; financial aid will be reduced, but the overall cost for most students should be lower, officials said.
- Concordia University in Minnesota made a similar announcement a year ago and saw its applications increase 30%.
- Ashland University spent two years researching and discussing the move; Concordia University had researched its move for five years.
From the article:
... “This move means Ashland will reduce, but not eliminate, the dollar amounts for grants and scholarships,” he said. “We are seeking to move from a high-tuition/high-discount model to a lower-tuition/lower-discount model. Ashland’s new price will better reflect what students actually pay and we believe it will lead to more prospective students considering our university.” ...