<p>The tuition increase for next year is about 3% which is about what I expected based on historical trends. But now we know what it will be for each year. The other part of the promise has to do with grants vs loans. That is big news. Yes, if you have no financial need at all, your cost will go up. But for those people without need (and I am fortunate to be one of them), we now know exactly what we will be paying for tuition for the four years. If you do have need, even though you already got you financial offer for next year, they are being reworked with a higher emphasis on grants vs loans.</p>
<p>W&M is a wonderful school at a very affordable cost. In my opinion, this just made it a little more affordable for those who need. Yeah, I have to pay a little more, but thanks to the value of my and my husband’s W&M degrees, we can afford it. I think we owe that much to our school and our community.</p>