Tuition at St. Mary's College of Maryland will be slashed by more than 8 percent in the coming academic year after the Maryland General Assembly approved a special grant in the state's final budget.
The southern Maryland liberal arts college has the highest tuition of any public university in the state, and has recently struggled with declining enrollment. The $1.5 million grant approved by state lawmakers will only be used for reducing tuition for in-state undergraduates.
The tuition and fees for in-state undergraduates this year was $14,864 – university officials now say that figure will drop by about $1,000 starting in the fall. The grant only applies for one academic year of tuition reduction, but officials said they expect the state to continue to fund the reduction in future years. The college's governing board will meet this Friday to approve the tuition reduction.