The Grand Canyon University, which last year transited back to non-profit status, is not increasing tuition for the new incoming students for the 12th consecutive year.
The university announced on Tuesday its plan to freeze tuition costs at $16,500 for existing and incoming students for the 2020-21 school year. On top of it, the university is already providing scholarships to more than 90 percent of its students bringing down the tuition cost further below $8,700.
“GCU’s goal is to make college education affordable to all socioeconomic classes of Americans,” said GCU President Brian Mueller. “And we have taken a very innovative approach to make that happen.”
Over the last 10 years, the university has invested more than $1 billion into new academic programs, technologies, classrooms, laboratories, research spaces, residence halls and other student amenities.
Last year, the university started single-occupancy apartment-style residence halls whose costs is far below the national average of $11,140 for public four-year schools and $12,680 for private four-year universities. The construction on new classrooms, new dining and parking garage for the students is also underway.
Various colleges and universities across the nation are undertaking similar initiatives. The University of HawaiʻI, Michigan State University, Newberry College, Purdue University and Corban University are among others who have frozen tuition costs for their students during the current academic year.
Penn State University Freezes Tuition for Second Consecutive Year