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Barnard College Board of Trustees sets increase in total charges at 3.2 percent for 2000-2001 academic year- Figure is below increase of previous five years

March 7, 2000, NEW YORK, NEW YORK - Barnard College trustees have voted to increase total charges including tuition, room and board and fees by 3.2 percent, slightly above last year's increase, but below the average for the previous five years. The Board set the total fee to attend the College at $32,695 for 2000-2001, compared to the current figure of $31,674. Judith R. Shapiro, Barnard's president, noted that, "The increase is below the average of the previous five years of 3.4 percent and, we expect, will place our total fee squarely in the middle range of our peers. Meeting the goal of ensuring access to all qualified students, we continue to meet the full, demonstrated need of the 47 percent of our students receiving direct grant aid from Barnard."

Barry Kaufman, vice president for finance, said, "This increase is sensitive to the financial pressures on students and their families, and at the same time contributes what is needed to cover the rising costs of providing a superb education for our students." Annual increases in total annual charges at Barnard have fallen by more than half over the past 10 years, down from 6.9 percent a decade ago in 1990-91.

Shapiro noted that as part of the College's fiscal discipline, rather than set the tuition and fees to meet the budget needs, the College sets the tuition and fees first, and then develops a final budget to meet expected revenue. Barnard has made the following increases in total fees over the past 10 years: 1990-91, 6.9 percent; 1991-92, 6.7 percent; 1992-93, 6.1 percent; 1993-94, 5.4 percent; 1994-95, 5.0 percent; 1995-96, 4.6 percent; 1996-97, 3.8 percent; 1997-98, 3.1 percent; 1998-99, 2.7 percent; and 1999-00, 2.9 percent.

Contact: Lucas Held 212-854-7583

 

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