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Dartmouth College Office of Public Affairs • Press Release
Dartmouth announced today that tuition for its 2009-2010 academic year will be $38,445, an increase of 4.8 percent (or $1,755) over the current year's tuition rate.
The College also said that with its continued commitment to the greatly expanded financial aid program it implemented last fall, it expects its financial aid expenditures to increase approximately 13 percent next year, to nearly $72 million.
With room, board, and mandatory fees, next year's overall charges will be $49,974 (also a 4.8 percent increase over this year’s total charges). The rates apply to all undergraduates as well as students in the arts and sciences graduate programs and Dartmouth's Thayer School of Engineering, which offers both undergraduate and graduate programs.
Dartmouth President James Wright said, “The current economic situation obviously has had a strong impact on Dartmouth, as it has on higher education in general, and we have announced today some plans to deal with those challenges by cutting administrative expenses in strategic ways. In developing our plan, we have preserved our commitment to need-blind admissions and have fully protected our recently expanded commitment to financial aid. Both commitments are absolutely vital to ensure that talented students from across the economic spectrum can continue to have access to a Dartmouth education." (see full news release)
Dartmouth is one of only a small number of colleges and universities that maintains a "need-blind" admissions policy whereby the College admits students without taking into account their ability to pay, and commits to meeting 100 percent of enrolled students' demonstrated need for a full four years. Tuition covers about half the cost of a Dartmouth education with the balance being met through income from endowment investments and annual giving.
In September 2008 Dartmouth implemented the latest in a series of enhancements to its financial aid package with four key points:
Nearly 48 percent of the members of the Class of 2012, which entered last September, received need-based aid from Dartmouth. The average scholarship for that group was $33,722. In all, Dartmouth has awarded nearly $55 million in scholarships to undergraduates in all four classes (2009-2012) in the current academic year.
The new financial aid program enables Dartmouth to continue to enroll one of the most economically diverse groups of students in the Ivy League. Currently, approximately 13 percent of Dartmouth students are the first in their families to attend college and about 13 percent are also recipients of Pell Grants (a federal grant for students who come from low-income families).
In the current year, Dartmouth expects to spend approximately $63.5 million on financial aid, compared to $24.5 million when it began expanding its financial aid program in 1998.
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