CASPER, Wyo. — Students will pay higher tuition fees at the University of Wyoming for the 2020-2021 academic year.
In-state tuition will jump from $139 to $145 per credit hour, an increase of 4%. A July 18 news release from UW adds that out of state tuition will see an 8% increase.
Graduate tuition rates will increase 4% for both residents and nonresidents.
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The UW Board of Trustees voted to offer new merit and need based aid to in-state students on July 18. The new financial aid programs are called the “Cowboy Commitment.”
“That will include new award commitments of $6,500, $3,500, $1,500 and $500 for new Wyoming high school graduates based upon their academic performance — along with a new $4,000 award for Wyoming community college transfers with associate degrees, 75 or fewer academic credits and grade-point averages of at least 3.0,” UW said.
$1 million in need-based aid will be set aside for in-state students.
The $6,500 merit-based aid will go toward Wyoming students who acheive ACT scores of over 32 and maintain a high school grade point average of 3.96. That will be in addition to Hathaway scholarship funding.
The $3,500 award will go to Wyoming students achieving ACT scores over 28 and a high school GPA of 3.88, in addition to their Hathaway funding.
Those Wyoming students who receive ACT scores of about 25 and maintain a high school GPA of 3.69 will receive the $1,500 awards. UW added that those with ACT scores of about 22 and 3.26 GPA will get $500.
“Additionally, the $1 million in need-based aid will significantly close the gap for students whose families can’t afford the post-Hathaway cost to attend UW — helping cover up to 81 percent of the cost of attending the university,” UW said.
“And the new $4,000 award for Wyoming community college transfers — with the number of recipients capped at 125 annually — is an increase from the university’s current $1,000 award for those students.”
UW said that nonresidents will continue to be eligible for financial aid.
“Nonresident undergraduates will continue to receive institutional support, but standards have been raised to achieve these awards,” UW said.
“Those with an ACT score of about 22 and a GPA of 3.26 will receive a $2,000 award; those with an ACT score of about 25 and a GPA of 3.60 will receive $4,000; and those with an ACT score of over 28 and a GPA of 3.88 will receive $7,000.”
Up to 50 nonresident students can also receive support equal to the resident Trustees Scholarship Award if they achieve ACT scores over 32 and maintain a high school GPA of 3.96.