Peace to lower tuition
Posted November 30, 2011
Raleigh, N.C. — As it opens its doors to male students, William Peace University is bucking the trend of tuition increases and announced Monday that it plans to lower tuition for 2012-13.
Formerly known as Peace College, the university says tuition will drop by 7.73 percent, to $23,700 for the year. The cost of room and board will go up by $120, to $9,000.
"We recognize that students and families are struggling to pay higher education costs, and our primary motive is to do what we can to help students in this down economy afford tuition at a private university and obtain the best education possible despite economic conditions," President Debra Townsley wrote in a letter to students and parents.
A number of area universities have approved hefty tuition increases for next year. The University of North Carolina at Chapel Hill and North Carolina State University are also seeking approval for multi-year tuition increases in addition to their annual increase.
Peace trustees in July approved ending more than a century of tradition at the women's college by admitting male students in 2012-13. Officials said the move was needed to make the school more competitive and financially stable.