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University of Memphis to Hold Tuition Flat for 2014-15
FOR IMMEDIATE RELEASE
November 19, 2013 - The University of Memphis announced today that it will not recommend
or support a tuition increase for 2014-15.
"Affordability is a key element of student access and successful degree completion
at the University of Memphis," said R. Brad Martin, interim president. "Accordingly,
tuition at the University of Memphis will not increase for the 2014-15 year. Effective
allocation of available resources and improved efficiencies at the University will
permit this to occur while we focus on serving more students and improving graduation
University of Memphis students saw a six percent increase in tuition for 2013-14 and
a seven percent increase the previous year. Tuition at the U of M has increased for
each of the last 22 years. Over the past 10 years, it has averaged 7.3 percent a year.
"Despite annual tuition increases, which have been the norm nationally, the University
of Memphis is still a good value," said Martin, "and we will be an even better value
More than 21,000 students are enrolled at the University of Memphis this fall. Undergraduate
in-state students currently taking a full academic course load pay $4,151 per semester,
while in-state graduate students pay $5,242 per semester. Out-of-state undergraduate
students pay $11,507 per semester, while graduate students from outside of Tennessee
pay $11,452 per semester.