Hannah King · April 28, 2015
The Southern Virginia University administration today announced the tuition and room and board costs for the 2015-16 academic year.
Southern Virginia’s tuition will increase by 2 percent in fall 2015. This change brings the sticker price for full-time Southern Virginia students to $7,450 per semester, which is less than half the average tuition of private four-year colleges and universities nationwide according to the College Board.
“We have arrived together at an exciting period in the history of Southern Virginia University,” said President Reed Wilcox. “This is an exceptional education, at the only national liberal arts university of its kind with an outstanding faculty, an LDS environment, a YSA stake and large Institute of Religion, outstanding visual and performing arts programs, and 15 NCAA Division III athletic teams.”
Including the coming year, Southern Virginia’s average tuition costs will have decreased by 21 percent during the last three years.
2013-14 – 0 percent increase
2014-15 – 23 percent decrease
2015-16 – 2 percent increase
“This is our first tuition increase in several years,” said Robert Huch, vice president of finance at Southern Virginia. “The amount our students pay in tuition is much lower than the actual cost of a Southern Virginia education, thanks in part to the millions of dollars in institutional scholarships that we award each year for talent, academic merit and missionary service.”
President Wilcox said that “the university is doing everything it can to be financially accessible for as many students and families as possible,” including offering tuition at a price well below actual cost and market value.
“Southern Virginia University is one of the greatest values in higher education,” said President Wilcox. “We offer a first-rate education at a cost much lower than comparable colleges because our tuition pricing remains below the actual cost of the educational opportunity enjoyed by our students. A Southern Virginia education isn’t easy, but for serious students, student-athletes, student-artists and student-musicians who are up to the challenge, we offer an unparalleled high value education and life experience.”
On-campus housing rates will be altered for the 2015-16 academic year. Rather than determining housing rates based on class rank, the university will now offer separate rates for different housing options — with lower costs for general residence hall housing and higher costs for apartment-style housing. Students who paid or would have paid the reduced upperclassmen rate in 2014-15 will be grandfathered in at a rate of $1,550 per semester in 2015-16. The following costs include room, utilities and Internet access per semester.
General residence hall housing – $1,850
Apartment-style housing – $1,950
Carriage Townhomes – $2,025
Additionally, the university’s meal plans will be restructured with the addition of a third option. The Standard plan — offered at a rate of $1,950 per semester — will include unlimited meals in the Dining Hall and $200 of campus cash to be used in Jonzzey’s Café, the bookstore, the mailroom and other places on campus. The Economy plan will include two entries into the Dining Hall per day and $150 of campus cash for a per semester rate of $1,550. The Campus Cash plan will include $1,250 of campus cash per semester.
Summer Term Tuition and Housing
Tuition for summer terms will remain at the deeply discounted rate of $275 per credit hour.
Summer term housing will change from a weekly rate of $105 to a per-term rate of $650.