Indiana University announced Tuesday it has renewed its summer tuition discount program for this year at six of its seven campuses around the state, including the Kokomo campus.
The program provides a 25 percent discount to Indiana resident undergraduate students attending classes during the summer and an equivalent dollar reduction in tuition for non-resident students.
IU began the summer tuition discount in 2012 in order to provide financial relief to students and their families and an incentive for attending IU year-round. It also provides a more affordable option for students who wanted to decrease the time it takes to earn their degrees and allow for greater use of the university’s facilities across the state during the summer months.
IUK and Indiana University’s Richmond campus both have experienced record summer enrollments in each of the first two years of the discount program. Last summer, IUK saw a nearly 13-percent increase compared to the previous year. The combined savings from the summer tuition discount for students across the state taking summer classes has been $24.2 million.
“The summer tuition discount ... speak(s) louder than words,” said John Applegate, IU executive vice president for university academic affairs, in a press release. “University-wide, IU is firmly committed to supporting our students by increasing affordability and completion rates, and reducing time to degree. We are committed to experimenting with a range of creative approaches, and adopting those that show promise of helping us to meet these goals.”