Converse has taken the lead to be a voice of reason on behalf of our students and their families, to challenge the escalating costs in education, and to ensure that the value of a private education is within reach for any talented young woman who seeks it. Inspired by the vision of our founders as we celebrate our 125th anniversary, and emboldened by the dreams of our students, we determined that this move was simply the right thing to do.
The tuition reset will benefit all full-time students in Converse’s traditional undergraduate program. It sets our price back to what it was approximately a decade ago, reducing tuition by 43% for fall 2014 compared to fall 2013—and that’s before factoring in any scholarships or financial aid, which can lower the net cost even further.
The reset gives Converse one of the lowest undergraduate tuition prices of any private college or university in the state and region. With a room and board cost of $9,500, the tuition reset to $16,500 puts Converse’s total cost of attendance at $26,000, which is on a comparable level with the total costs of premier public universities, both in and out of state.
|Here’s an example of out-of-pocket costs for a freshman from SC beginning in fall 2014:|
|Before loans or federal aid||$||15,100|
|Room and Board||$||9,500|
|Cost before scholarships and aid||$||26,000|
|SC Life Scholarship||$||5,000|
|SC Tuition Grant||$||2,900|
|Converse Trustee Scholars||$||3,000|
The reset aligns Converse’s “sticker price” for the traditional undergraduate program more closely with the average net cost for attendance. The tuition reset is accompanied by a decrease in the aggregate amount of institutional scholarship and financial aid awards, to support a model that is more affordable for our students over their four years in college, providing students with both immediate and long-term savings, including reduced loan debt.
Read the Tuition Reset News Story.
Questions? See the Tuition Reset FAQ.
Media inquiries? See our Tuition Reset Media Kit.
- See more at: http://www.converse.edu/admission/undergraduate-admission/tuition-and-fees/tuition-reset-fact-sheet#sthash.ObFkjljh.dpuf