WAYNE As part of a continuing effort to help keep the cost of higher education more affordable for students and their families, William Paterson University in Wayne is raising undergraduate tuition and fees by 2 percent for the 2012-13 academic year. This is the second straight year that the University has held the percentage increase to 2 percent; last years 2 percent increase was the smallest percentage increase in 30 years.
Tuition and required fees for a full-time undergraduate student for academic year 2012-13 will be $11,694, which places William Paterson as one of the most affordable four-year institutions in New Jersey. In 2011-12, the University provided $10.5 million in institutional aid to undergraduate students including scholarships and grants.
William Paterson University is very sensitive to the issue of college affordability, and we have made a concerted effort for the second year in a row to hold our increase in tuition and fees to 2 percent, which is among the lowest in the state, says John Martone, vice president for student development. We know that our students and their families often struggle to pay for college, and we will continue to look for ways to be more efficient so we can pass those savings to our students.
William Paterson University continues to work to increase operational efficiencies while ensuring that savings benefit students by enhancing educational services and programs. For example, William Patersons solar panel installation, among the top ten largest at a college or university in the nation, will save the University $4 million in energy costs over 15 years while supplying 20 percent of its annual energy needs. The institution also saves costs through initiatives that include additional energy saving measures, joint purchasing with other universities, and programmatic collaborations with other institutions and organizations.