Temple University yesterday announced the approval of its tuition increase of about 2.9% for the 2009-2010 fiscal year, about two months earlier than previous announcements. Temple University, who’s main campus is in Philadelphia, is supported by the State of Pennsylvania and serves about 36,000 students. The 2.9% increase will result in an increase from $10,858 dollars to $11,174 dollars for in-state students and a $19,878 to $20,454 increase for out-of-state students as approved by the school Board of Trustees. School officials explained that the early notice was to enable parents to adequately prepare and plan for whichever means of financing their child/children’s education especially in the current economic downturn.

The school also announced its commitment to supporting its students with its decision to increase the financial aid budget by $21 million over the next three years to assist students paying for college. The financial aid budget increase will begin with $7 million within the first year and the remainder to be will be determined as the school spent a total of $65 million on financial aid last year.

By: Piayon Lassanah