With the state budget finalizing in recent days, Longwood University has announced that its Board of Visitors is expected to confirm in June modest tuition and fee increases for 2024-25, which will extend the University’s decade-long record of keeping cost increases among the very lowest of all public universities in the Commonwealth.
Longwood plans to increase its published tuition rate 2.08 percent for in-state undergraduates. Including required non-Education & General fees, total published prices for in-state students will rise $540 for the coming academic year, to $15,740. Tuition and mandatory fees for out-of-state undergraduates will increase $570, to $27,980. The rates will be presented to the Board for final confirming approval at its meeting on June 7.
Because of Commonwealth support and other scholarship resources, most Longwood students receive some form of financial aid, which means they pay a “net price” that is already lower than the full, published price. Even amidst uncertainty over the FAFSA form that has impacted the financial aid process, Longwood --- thanks to this strong range of scholarship resources --- continues to invest heavily in financial aid and has extended to students strong financial aid packages for 2024-25.
Despite sharply higher operating costs due to inflation, Longwood will continue its commitment to affordability. Published and net prices have increased well below the overall rate of consumer-price inflation in recent years. Over the last decade, published price increases have averaged only a little over 2 percent annually – among the very lowest of the Commonwealth’s public institutions.