Syracuse University to raise tuition 4 percent to more than $43,000

SYRACUSE, N.Y. — Full-time undergraduates will pay more than $43,000 in tuition to attend Syracuse University in the 2016-17 academic year.

That’s an increase of 3.9 percent compared to the current academic year, the university announced Thursday.

The executive committee of the Syracuse University board of trustees recently approved undergraduate tuition, room and board, and other fees for the 2016-17 academic year as the Syracuse University administration had proposed, according to a university news release.

The average total cost for full-time undergraduates at Syracuse will increase by 3.5 percent in 2016-17. The average total cost includes not only tuition, but also room and board and fees as well, the university said.

Most room and board rates will increase between 2 percent and 2.5 percent, depending on the room and meal plan chosen.

Besides the cost-attendance figures, the budget also includes $247 million in university-funded financial aid for undergraduate students, representing the school’s “largest commitment” ever to student assistance, the release stated. That’s a 5.6 percent increase in aid over the 2015-2016 academic year.

In addition, the 2016-17 budget will support a 6.3 percent increase in the graduate assistant minimum stipend, a measure that the Graduate Student Organization and other student groups “advanced.”

This new increase comes on top of a 7 percent increase to the minimum stipend that Syracuse granted to graduate assistants this year, according to the release.

Contact Reinhardt at ereinhardt@cnybj.com