Eastern Michigan University in Ypsilanti today announced it is introducing a new scholarship program that provides students with the final two years of their tuition for free when they pay the first two years.
The 4WARD Graduation Scholarship is designed to simplify and reduce cost considerations at the start of college enrollment; the scholarship will begin in fall 2019.
Under the concept, students pay for their first two consecutive years of tuition at a locked-in rate of approximately $13,000 annually for 30 credits. From there, the university will pay 100 percent of the next two consecutive years (30 credits per year).
To participate in the program, students are required to live in an on-campus community for each of the four years of attendance, at a locked-in room and board rate of approximately $10,500 a year, which includes a standard double room and a standard meal plan.
“For most students and parents, planning for the costs of four years of college creates significant uncertainty and anxiety about future expenses and how to pay for those costs,” says Kevin Kucera, vice president of enrollment management at EMU.
“The 4WARD Graduation Scholarship provides students and parents with a fixed cost for their entire four-year experience, with two years of tuition covered by the university. This provides economic certainty to the college budgeting and planning process for our prospective students and their families.”
Founded in 1849, EMU is the second oldest public university in Michigan. It currently serves more than 19,000 students pursuing undergraduate, graduate, specialist, doctoral, and certificate degrees in the arts, sciences, and professions. The university offers more than 300 majors, minors, and concentrations.
Full details can be found at 4WARD Graduation Scholarship website.