College approves smallest tuition increase in 25 years - KWWL - Eastern Iowa Breaking News, Weather, Closings

College approves smallest tuition increase in 25 years

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WAVERLY (KWWL) -

An eastern Iowa college has approved the lowest tuition increase in 25 years.

Tuesday, the Wartburg College Board of Regents announced a 2.6 percent increase in tuition, fees, room and board for the 2015-16 academic year. This come about four months earlier than previous announcements.

The regents asked college leaders to develop and bring plans for the Fall semester in hopes of holding annual increase under 4-percent.

The 2.6 percent increase is the smallest by percentage in more than two decades.

“By setting our tuition rates in the fall, we hope to give our students and their families additional time to plan this year,” said President Darrel Colson.

Many private colleges and universities announce tuition changes in early spring, but Wartburg's regents and college leaders want to instead use this process to give a four-month planning advantage to students and families.

“Though we've always considered the impact of our decisions on students and families, we now are giving that impact greater weight to allow our students and families more time to plan. We believe Wartburg is one of the earliest of private colleges and universities across the country to announce our fees for next year,” said Rich Seggerman, vice president for finance and administration.

In 2015-16 the full price for tuition and fees will be $37,190, a 2.96 percent increase from the current year. The cost of room and board will increase 1 percent, or $45 for most rooms and $45 for most board plans. A typical room and board charge will be $4,325 and $4,685 respectively.

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