February 12, 2016
Dear Dickinson Parents:
Thank you for entrusting Dickinson with your student's education. Your investment in a high-quality liberal-arts experience allows us to invest in your student--to prepare him or her for a world of meaningful work and life beyond our limestone walls. Whether it's through student-faculty research opportunities, a life-changing study-abroad experience, interdisciplinary courses that open up new ways of thinking or internships that spark a passion, each student will move on from Dickinson with the confidence and skills needed for our increasingly complex society.
I want to share with you that Dickinson's Board of Trustees recently approved the college's comprehensive fee schedule for the 2016-17 academic year. We are providing notice at this time to give you the opportunity to adjust your Tuition Payment Plan agreement or to make other financial arrangements in preparation for the upcoming year. The annual price for tuition, fees, room and board for the 2016-17 academic year will increase by 3.47 percent (or $2,148) to $63,974, from the 2015-16 price of $61,826. In our continuing effort to allow families to plan for subsequent years, it should be noted that the increase to the comprehensive fee for the past seven years has remained between 3.47 and 3.68 percent.
Please know that the decision to increase our tuition and fees was made after extensive discussions on campus with representative students, faculty, administrators, support staff and trustees. Through a review of the pricing trends at admissions-overlap institutions, we found that tuition and fees at our peer institutions increased at an average rate of 3.66 percent in the most recent year. We feel that we can increase our tuition and fees at a rate lower than that average while still providing the highly competitive and personalized education you have come to expect at Dickinson.
Commensurate with our commitment to access and affordability and our efforts to assist students and their families, the college will budget more than $48 million in financial aid for the 2016-17 academic year. This allocation of financial assistance reflects Dickinson's ongoing commitment to access and affordability and our desire to help more students with financial need in the coming years. It is important to remember that each financial aid case is assessed individually and that all students may not receive an increase in their need-based financial aid as a result of the tuition increase.
As you begin to plan for the next academic year, I encourage you to visit the Student Accounts Office website at www.dickinson.edu/studentaccounts. This site provides information about available payment methods, tuition payment plans, loans and tax benefits for education. Members of the student accounts team are also ready to help you and can be reached at 717-245-1953 or firstname.lastname@example.org.
Thank you for your commitment to Dickinson.
Nancy A. Roseman
President and Professor of Biology