From the State Council of Higher Education for Virginia (SCHEV) director’s report for today’s council meeting:
Public colleges and universities set tuition rates this spring for the 2017-18 academic year. Based on preliminary data, average tuition and mandatory fees at four-year institutions will be approximately $12,702, an increase of about $565 over last year. Community college prices will increase by $120 to $4,508.
The average increase for room and board at 4-year institutions is 3%, the lowest annual increase since 2001.
That compares to an overall increase of 1.6% in the Consumer Price Index for the 12 months ending June 2017.
These numbers are preliminary. SCHEV will publish its official tuition & fee report by August 1.