MARSHALL, Texas — East Texas Baptist University has announced a financial plan that will guarantee cost to students and their parents over an eight-semester period.
The university’s board of trustees approved the plan that is designed to address concerns related to annual cost increases in tuition, fees, room and board beginning with the fall semester.
The Guaranteed Cost Plan will guarantee the cost of tuition, fees, room and board for eight semesters. The new plan will apply to students taking 12 to 18 hours each semester with an hourly rate charged for students taking fewer than 12 semester hours or more than 18. The rate does not include music fees or similar special fees applicable to certain programs.
Beginning with the fall semester, students will pay a set fee per semester for tuition, regular fees, room and board before scholarships and grants are applied.
“Our research indicated that many students who left school before graduating often did so for financial reasons,” university President Bob E. Riley said. “The Guaranteed Cost Plan allows students to save money if they stay in school.”
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