In light of the economic effects of the COVID-19 pandemic, Rowan University’s board of trustees passed a resolution on July 24 reducing undergraduate tuition and fees for 2020-2021 to $12,938 – a 10 percent overall reduction and an approximate $1,438 savings.
Many Rowan students and families are facing significant hardship as a result of COVID-19, Rowan University President Ali Houshmand said in a prepared statement on the tuition reduction.
Prior to the reduction, the tuition and fees for academic year 2020-2021 were to be $14,376. Out-of-state undergraduate students will receive a reduction of tuition and fees of an equal dollar amount, from $23,408 to $21,970.
“The University was able to provide this added support through broad cost-reduction initiatives, but more importantly, through people rethinking how we best serve our students, taking on more responsibility and, frankly, doing even more with even less,” Houshmand said. “I deeply appreciate everyone’s sacrifice. It’s inspiring to see such commitment to our students in every area of the Rowan community.”
“Our board is deeply committed to and actively involved with helping the University continue to provide a high-quality education at an affordable price,” said board Chairman Chad Bruner in a prepared statement. “The pandemic has provided the University quite a few challenges, but long-term planning has enabled Rowan to pivot and make the changes necessary to help students when they have the most need.”