Delegate Tim Hugo and I have worked for years to get our state colleges and universities, specifically JMU, Virginia Tech, William and Mary and UVA, to admit more in-state students.
The Board of Visitors adopted a new operating model for William & Mary last Friday called “The William & Mary Promise.” This new model has been created “to enhance quality, affordability and access at Virginia’s distinctive ‘public ivy.’” Highlights of the new model include:
- Increase in-state undergraduate enrollment by 300 students (8%) over a five-year period.
- An increase in tuition, but in exchange, four-year tuition guarantee – provides families with financial predictability through a commitment to income in-state students that tuition will remain constant through all four years or undergraduate study.
- Hold tuition increases for existing in-state students to no more than the rate of inflation.
- Relieve the “middle-class squeeze” by reducing the net tuition and student loan debt for middle-income Virginians. It will increase grants and reduce loans by up to $8,000 over four years, which lowers overall debt upon graduation.
- Establish differential pricing for certain undergraduate majors.
- Ensure that all in-state students continue to pay less than the cost of their education.
I hope the rest of our state’s universities take notice and follow in the footsteps of William & Mary and grant our Virginia students the access they deserve!