GLEN ELLYN – The College of DuPage Board of Trustees will vote in August on a tuition reduction of $2 per credit hour starting spring 2015, the school announced in a news release.
College President Robert Breuder said he would recommend no tuition increase for the following academic year as long as there are no significant risks to the institution.
Currently, tuition for the 2014-2015 academic year is scheduled to be $144 per credit hour. The $2 rollback would reduce tuition to $142 per credit hour.
The reduction will result in lost revenue of about $634,000 for the remainder of the 2015 fiscal year and $1.13 million annually in perpetuity, the release stated.
"I am delighted that the board will be in the position to offer our students this rollback in tuition," Breuder said in the release. "Sound fiscal management, operating this institution like a business these past five years, has made this possible."
Should the board decide not to increase tuition for the 2016 fiscal year, the traditional $4 per credit hour, the college will lose $2.36 million annually in perpetuity. These two impending recommendations when combined will result in lost revenue of about $3.43 million annually in perpetuity, according to the release.