More than ever before, the cost of a private education appears unaffordable. The process has become a maze of high tuition prices, high discounts and lack of transparency that turns away too many qualified students. Canisius believes the time has come to reverse this trend. Excellence Within Reach, our tuition reduction initiative, is a forward step designed to increase access and bring the transformative experience of a Catholic, Jesuit education within closer reach for all.
Excellence Within Reach lowers our undergraduate tuition by 23% -- resetting it to 2008 levels. It’s a move designed to narrow the gap between our published price and what students actually pay after their financial aid is applied, making Canisius a more realistic possibility from the start. It also reduces housing costs by $2,000, making it more affordable to live on campus. And it maintains our commitment to scholarships and financial aid, further reducing a student’s cost of attendance. When you add it all up, Excellence Within Reach makes Canisius more accessible and affordable for students and families who previously thought a premiere, private education was beyond their reach.
Affordability and accessibility have been part of the Canisius mission for nearly 150 years. Through Excellence Within Reach we’re simply making an education already recognized as an exceptional value – an even better one.
Seeking answer to cost issues, Canisius College cuts tuition by 23 percenthttps://www.bizjournals.com/buffalo/...e.html?ana=fbkCanisius College leaders believe that families who are interested in their institution are scared off by its published $34,966 price tag.So the college is reducing its annual sticker price to $27,000, a 23 percent decrease, and also lowering on-campus residence hall rates by $2,000 a year.
Canisius is calling the initiative "Excellence Within Reach."
$35k down to $27k along with on-campus residence hall rate by $2k.
(35k - 27k) = 8,000 + $2000 = $10k a year. That is a savings of 40k over 4 years
That $40k could be use for a down payment on a house or a start of an IRA.
So why did the cost of college increase as it did? Salaries? Cost of benefits? Over building to complete with other educational businesses?"The cost of college has continued to increase over the last ten years, creating real anxiety for students and families," college president John Hurley said. "Canisius College wants to be a leader in removing this roadblock for the many families who assume that a private education is out of reach based solely on its sticker price."
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