Hardin-Simmons University Adopts Block Tuition; Increases Value and Lowers Costs

Hardin-Simmons University Adopts Block Tuition; Increases Value and Lowers Costs

By Janlyn Thaxton, HSU Media Relations Coordinator

 

 

 

Beginning in the fall semester of 2014, HSU students, both graduate and undergraduate, will pay less for private Christian higher education. Recommended and approved by HSU’s Board of Trustees during its bi-annual meeting in October, the HSU block tuition program reduces the hourly tuition rate for full-time undergraduate students by as much as $88 per credit hour. Graduate Studies tuition is reduced by $95 per credit hour. Coupled with HSU’s tuition freeze, which protects students against tuition increases, the average HSU student could save approximately $6,900 over four years. {{more}}“We are committed to making an HSU education one of remarkable value,” says Vicki House, vice president of enrollment management. “The HSU block tuition program will help our students and parents control the costs of a university education.”Under HSU’s new block tuition program, full-time undergraduate students have the opportunity to take up to 34 credit hours per academic year at a cost of $22,350. To further help families manage the financial impact of higher education, students taking more than 34 credit hours per year will do so at a reduced rate of $500 per hour, a savings of $245 per hour over the current tuition rate.Students will be allowed to allocate 34 credit hours over the course of five terms during the academic year — fall and spring semesters, May term, and two summer sessions. House points out that block tuition will give students an option to enhance their overall experience at HSU by filling out the 34-hour block with elective courses they might not otherwise take. “That flexibility will aid our students who want to diversify their education.”House says the block tuition program not only lowers costs, but also simplifies billing. Knowing the exact cost of tuition and fees gives a family the opportunity to expand their payment options for any expenses not covered by financial aid.“While the annual Block Tuition plan helps students save money, it is also designed to help students graduate on time,” says House. “It provides financial incentive for students to graduate with a bachelor’s degree in four years or less; allowing students to begin their career sooner or to get an earlier start on graduate studies, which is reduced to $650 per credit hour.”In addition to the new pricing structure, the HSU Board of Trustees also approved new institutional grant and scholarship opportunities for students. The John Hardin Grant will be awarded to qualified students after the state allocation for the Texas Tuition Equalization Grant has been depleted. This award is available to both in-state and out-of-state students. The James Simmons Award will be based on financial need following all other grants and scholarships. Finally, the Excel Scholarship will be available to second year students who did not receive a merit scholarship at admissions approval but achieved a 2.75 cumulative GPA at the end of the first year.scholarship levels up to $8,000 for transfer students with a qualifying GPA. Additionally, students will continue to benefit from institutional aid and departmental awards. Dr. Lanny Hall, HSU president says, “Increased aid through new grants and scholarships, along with our tuition freeze, will make it possible for even more students to experience academic excellence through ‘an education enlightened by faith.