College of DuPage Board Approves $1 Tuition Increase for Fall 2018

COD campus image

By Jennifer Duda

Citing a need to better keep pace with inflation, the College of DuPage Board of Trustees at its regular March 15 meeting authorized a $1 tuition increase effective for the fall 2018 semester.
Tuition and fees will be $136 per credit hour for in-district residents.

The $1 increase is the Board’s first since 2014. In FY15, in-district tuition was $144 per credit hour. Since that time, the Board has voted twice to decrease tuition a total of $9 per credit hour to $135. Tuition remained flat the last three consecutive years.

“We all have shared interest to ensure that our students have access to a high-quality and affordable education at College of DuPage,” said President Dr. Ann E. Rondeau. “As we continue to enhance the lives of each and every student, I am pleased with our ongoing commitment to maintain a modest tuition increase that will help the College to maintain quality at affordable prices.”

COD’s increase is in line with those at other area institutions, including Waubonsee Community College and Harper College, which recently approved $2 and $6.25 increases, respectively.

The $1 tuition increase will generate an estimated $500,000 in added revenue, said Brian Caputo, Vice President for Administration and Treasurer (CFO). Despite the increase, College of DuPage will remain below the current statewide community college tuition average of $140 per credit hour, he said.

“This nominal increase allows us to continue offering high quality educational services while maintaining our revenue base and managing the deployment of reserve funds to achieve strategic institutional objectives,” Caputo said.

“Tuition and fees represent 24 percent of our total revenue base, with another 32 percent coming from local property taxes. Gradual increases will be necessary to keep up with our operating costs and inflation while navigating a downward enrollment trend that is impacting schools across the nation.”

The tuition increase comes as College leaders plan COD’s FY19 budget. The document will be completed over the next several weeks and is expected to be made public in May. The Board will hold a public hearing before voting on the final budget in June, with FY19 beginning July 1, 2018.