State colleges lower tuition rates
VERMONT - The board of trustees of the Vermont State Colleges System unanimously approved a base tuition for Vermonters enrolling at Vermont State University of $9,999 per year in undergraduate programs, commencing with the launch of the new university on July 1, 2023. This reflects a 15% decrease from the current average in-state tuition at the unifying institutions – Castleton University, Northern Vermont University, and Vermont Technical College.
The base tuition rate for out-of-state students was also lowered and will start at $19,998.
Approximately 70% of students attending the future Vermont State University are Vermonters and 30% are out-of-state students. After holding tuition rates flat for two years to address the key strategic priority of student affordability, the board’s new in-state tuition rate drastically lowers a barrier to access for many Vermonters and increases the attractiveness of pursuing higher education in Vermont for out-of-state students.
Currently enrolled students matriculating into Vermont State University from the unifying colleges will see adjustments to their financial aid to reflect the change in tuition, resulting in a net cost of attendance for tuition and program fee that is equal to or less than that of the 2022 to 2023 academic year.