The University of Detroit Mercy (UDM) has announced that it will lower its tuition rate to make the university more accessible to students beginning in the fall of 2018. The reset undergraduate tuition price, named Assure Your Boundless Future Tuition Reset, will drop from $41,158 to $28,000.
UDM’s research indicated that the tuition reset would increase prospective student awareness and encourage families to consider the university.
“By resetting our tuition to a price from a decade ago, we are responding to the concerns of students and families who want assurance that a high quality college education is affordable and attainable,” says Dr. Antoine M. Garibaldi, president of U-D Mercy. “I know from conversations with parents and school officials that students are interested in Detroit Mercy, but the previous tuition price prevented them from seriously exploring the university.”
The last time UDM, a private, Catholic university, offered tuition prices at this rate was in 2008. With the reset, the university will still provide scholarships and financial aid. Additionally, UDM will work on a series of initiatives to affect the community and university attendance including a renewed commitment to innovation, reinforcing the university brand, and informing students and parents of the tuition reset.
“The Assure Your Boundless Future Tuition Reset will also make it possible for federal and state grant dollars to go even further for students who qualify for the maximum need-based aid,” says Deborah Stieffel, Detroit Mercy’s vice president for enrollment management and student affairs. “And the tuition reset also makes Detroit Mercy a more viable option for students who do not qualify for need-based aid and are often forced to overlook private Catholic higher education simply because of the high ‘sticker price.’”
More information about the Assure Your Boundless Future Tuition Reset can be read here.