The New School will increase tuition by 3.5% for the 2023-24 academic year but only for incoming students, according to a university-wide email sent Monday morning.
The email from university officials said the tuition hike will not apply to current students because of an “offset grant” that is applied to their Student Accounts no later than July 15. No continuing students will need to apply for the promised “offset grant.” The grant will essentially pay the cost of the tuition raise, leaving continuing students’ tuition unscathed for the 2023-2024 academic year. The university also said that if necessary for specific situations, the grant may be implemented in advance.
The university had already implemented a 3.8% tuition raise in the fall semester of 2022, during the same semester that the part-time faculty strike occurred. The PTF strike essentially left students paying for classes that were not held, causing students and parents to question whether they would be reimbursed for the missed education. The university said the grant will “provide a tangible remedy for the disruptions students experienced last semester,” in reference to the PTF strike.
The email sent by The New School states that “It is important to know that the income the university collects in tuition, room and board, and fees is the primary source of funding for providing a New School education.” In the email students were encouraged to contact Financial Aid, Scholarship Advising, and the university’s Financial Advisors.
For more information on tuition and funding for the 2023-2024 academic year visit the Tuition and Fees page.