Central Washington University Board of Trustees October 20, 2023 Action – Academic Year 2024-2025 Tuition Increase Approval
In accordance with the College Affordability Act of 2015, Central has the authority to raise resident undergraduate (RUG) tuition operating fees by the average annual percentage growth rate in the median hourly wage for Washington for the previous 14 years as determined by the Federal Bureau of Labor Statistics. For fiscal year 2024-2025, this average rate is 3.0%. In the 2023 legislative session, a change was made to the timing of calculating and communicating the allowable rate, which will mean that for FY25 and future years, tuition rates can be set in the fall of the previous year to assist prospective students and their families with their planning. Tuition rates for other tuition types (nonresident undergraduate and all graduate types) are set by the Board. We recommend a 3.0 percent increase for all tuition types (resident and non-resident undergraduate, resident and non-resident graduate) for academic year 2024-2025. The table below shows the annual increase in dollars across all careers and residencies. Tuition FY 2024 Tuition FY 2025 *Difference Resident Undergraduate $7,021 $7,231 $210 Non-Resident Undergraduate $24,600 $25,340 $740 Resident Graduate $10,713 $11,033 $320 Non-Resident Graduate $25,092 $25,845 $753 Resident CoB Graduate $16,068 $16,550 $482 *Fulltime Student per year We recommend the following motion: The Board of Trustees of Central Washington University hereby approves a 3.0 percent increase for all categories (resident and non-resident undergraduate, resident and non-resident graduate) for academic year 2024-2025. Submitted: Approved for Submittal to the Board:
Joel Klucking
Jim Wohlpart
Business and Financial Affairs
President
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