Tuition rates for in-state undergraduate students at Indiana University in Bloomington will not increase for the next two fiscal years.

The IU Board of Trustees voted at its Wednesday meeting to freeze in-state tuition rates for Bloomington undergraduate students, following a recommendation from IU President Michael McRobbie about two weeks ago.

During opening remarks at a public forum before the meeting, McRobbie said for some students, taking on debt is the only way to achieve their dreams, but he said IU has taken great strides in making college affordable.

“At the same time that IU is graduating more students and producing more on-time graduates than ever,” said McRobbie, “we have placed an even greater priority on ensuring that students leave IU with as little debt as possible.”

IU chief financial officer MaryFrances McCourt said the tuition changes are partially made possible because of increased state aid. McCourt also reiterated McRobbie’s focus on university efforts to make college affordable, noting a $150 million increase in institutional aid since FY 2007, among other factors.

Systemwide, affordability initiatives have resulted in no increases for more than 18,000 IU students, most of whom are among the more than 46,000 students on the Bloomington campus. IU had more than 114,000 students systemwide this year.

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