Tuition at Lindenwood University will climb 2.4 percent next fall to $12,700 per year, about the same rate as the projected Consumer Price Index.
Lindenwood’s Board of Directors approved the increase at a meeting on Friday. The revenue generated by the increase will help cover the costs of additional faculty and support staff, new technology and renovation.
The board also decided to increase the university’s room and board costs by 4.8 percent to $6,500 annually. President James D. Evans said that increase was necessary to cover a projected 9 percent increase in the cost of utilities.
Evans said Lindenwood’s tuition and fee remain competitive among private four-year universities in the region and are generally competitive with public four-year institutions when their surcharges and special fees are taken into account.
This fall, Lindenwood’s tuition increased by 3.3 percent, half the average 6.6 increase among four-year public institutions.