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A&M sets guaranteed four-year tuition fees
The Texas A&M University System has voted to establish guaranteed tuition and fee rates for all undergraduate students at Texas A&M University, Texas A&M University-Galveston and the Texas A&M University Health Science Center. Beginning in the fall of 2014, the four-year rates will be locked in for incoming freshmen.
The program is designed to consolidate more than 7,000 student fees and combine them with a fixed tuition rate. It will create a single, fixed rate for students from their freshman year through year four or five, depending on their degree plan and major. The program will also provide these institutions the same amount of money to fund academic programs and budget more precisely for future needs.
Texas A&M University has historically offered very affordable tuition rates and is less expensive today than many other public, state universities in Texas. A recent study by economist Ray Perryman predicts that inflation will grow by nearly 3.6 percent over the coming years. In formulating this program, the A&M System Board of Regents has budgeted a much more conservative rate of 2.2 percent. The difference will be made up by efficiencies within this guaranteed budget process.
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