McNally Smith College of Music announced today that it will freeze tuition for the next two years. Effective immediately, the College’s tuition rate will not increase for any existing or new students enrolled for the upcoming Fall Semester, beginning September 9th, 2013. The tuition freeze will remain in place through August 2015 for all students, regardless of credit load.
“McNally Smith has always worked to ensure that if a student wants to pursue a life in music through a college education, we will do what we can to make that happen,” says President Harry Chalmiers. “That’s why the Board of Directors has unanimously agreed to freeze the fall 2013 tuition rate for the next two academic years. This will translate to clear benefits for current and existing students when budgeting for their education.”
Based on the national average tuition increase of 4.2% for four-year private schools, McNally Smith’s tuition freeze provides students the opportunity to save upwards of $2,000 over the duration of two years. “In a time when higher education costs continue to increase on an annual basis, our decision to lock in tuition rates speaks to the commitment the College continues to make in supporting young artists and creative professionals,” says Chalmiers.
The two-year tuition freeze is the most recent in a series of financial relief efforts the College has rolled out. Other initiatives include the Degree in Three program, which allows first-year students to complete a Bachelor Degree in just three years at a locked tuition rate, thereby providing significant savings in tuition, housing, food, transportation and other costs of living.
Current students can contact McNally Smith’s Financial Aid Office with any questions about how the tuition freeze will affect them. Prospective students interested in learning more about the tuition freeze can contact a McNally Smith Admissions Representative for complete details and terms.Newer: McNally Smith Taps Eclectic Mix of Talent For Free Lowertown Guitar Festival
Older: McNally Smith to Host Weekend Workshops for Second Annual MN Music Summit Festival