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2012 News Releases
Longwood announces tuition and fees for 2012-13
May 12, 2012
Longwood University announced Saturday, May 12, that undergraduate tuition and mandatory fees for in-state students will increase 3.4 percent—or $360—in 2012-13.
Longwood's Board of Visitors approved the increase on Saturday after carefully considering rising costs and projected enrollment for the coming year.
"In setting the rate for next year's tuition and fees, we considered both our commitment to maintaining affordability and our promise to give students the quality preparation for life and career that they need and deserve," said Marge Connelly, rector of the Board of Visitors when the increase was approved. "With those things in mind, I believe we struck the right balance."
For in-state students living on campus, the increase, including room and board, will be 3.7 percent, or $694. Tuition and mandatory fees for out-of-state students will go up 3.8 percent, or $840; for out-of-state students living on campus, the increase will be 3.9 percent, or $1,174.
Longwood has worked hard to keep cost increases down, and last year posted the lowest percentage increase for in-state students living on campus of any Virginia public university.
"We are grateful for the additional funding the governor and the General Assembly worked so hard to provide for higher education," said Connelly. "Even with these welcome additional funds, however, Longwood remains heavily dependent on tuition and fees to provide the quality education our students and their parents expect."
In 2012-13, state funding is expected to cover 25 percent of Longwood's operating costs. As recently as 2007-08, state funds covered 35 percent of Longwood's budget. Since then, state funding has declined by $9 million (not adjusted for inflation).
Among the factors driving up the cost of a Longwood education are increases in employee compensation and benefits, including health insurance premiums; utilities; and technology costs. Employee benefits alone are projected to be up nearly 13 percent in 2012-13, or $540,000.
In response to rising costs, Longwood actively seeks out ways to operate more efficiently. For example, the university has implemented an efficient steam-generation plant that uses a sustainable energy source (sawdust) in place of fuel oil, saving the university $2.8 million in fuel costs in 2010-11 as well as reducing its carbon footprint.
Also impacting Longwood's budget is the university's focus on serving residents of the Commonwealth of Virginia. In fall 2011, nearly 96 percent of Longwood undergraduate students were Virginia residents, the highest percentage of in-state students for any Virginia public university. Average in-state enrollment at Virginia's public universities is less than 80 percent.
As required by law, out-of-state students pay higher tuition—often $5,000 or more annually per student—which can provide a significant boost in a university's revenue.