GRAND RAPIDS, Mich. -- Grand Valley State University’s Board of Trustees on Friday finalized tuition, room and board rates for the fall of 2023, part of its commitment to provide transparency to students and their families about the cost of attendance.
"We are listening to students, parents and supporters who have asked us to provide them with earlier certainty about the cost of attending Grand Valley,” said Philomena V. Mantella, president of GVSU. “Our Board made these decisions with great care and fiscal discipline in mind. Our goal remains to make higher education affordable for every Michigan family.”
The university’s Board unanimously approved tuition and fee increases of 4.7 percent while housing and dining costs will rise by 5.8 percent. Per semester, the changes amount to average increases of $338 in tuition, $196 for housing and $125 for the primary meal plan.
Increases will be focused on addressing record inflationary levels, driving value in a Grand Valley education and continued investments in student aid.
With GVSU scholarships and grants, increases in the Pell grant program and the state’s new Michigan Achievement Scholarship, a GVSU education will remain affordable and support families with financial need at even higher levels.
“Grand Valley remains among the lowest-priced state universities in Michigan,” Board Chair Susan M. Jandernoa said. “Our focus on providing a world-class empowered educational experience and tremendous value will continue to pay dividends for our students and the communities we serve.”
In other business, trustees approved the reauthorization of four public charter school academies, Windemere Park Charter Academy, in Lansing; Washington-Parks Academy, in Redford; Eagle's Nest Academy, in Flint and Kalamazoo Covenant Academy, in Kalamazoo. Trustees also approved the authorization of GEE Compass Academy, a statewide cyber school and approved the appointment or reappointment of charter school board members.