January 2008
Dear Loyola Student:
I am writing to inform you of tuition and fee increases for the 2008 – 2009 academic year, as approved by our Board of Trustees. This information is being provided as early as possible to help you with your future financial planning.
Effective Fall 2008, general undergraduate tuition for current and continuing students will increase 5.5%. Room rate increases will range from 4.0% – 7.4% for traditional rooms and 3.9% – 9.5% for residential apartment–style rooms. Meal plans will increase by an average of 5.6%. All student activity fees will rise, based on the number of hours for which a student registers. For details about undergraduate and graduate tuition, fees, room and board for the 2008 – 2009 academic year, please visit: LUC.edu/bursar/tuition.shtml.
These increases are due to continued enhancement and expansion of our academic program offerings, the need to remain competitive with faculty and staff salaries, and increasing maintenance costs for our expanding facilities. We strive to keep increases to a minimum while fulfilling our responsibilities to renew and expand the university, and to provide you with the exceptional education you expect—and deserve—for your investment in Loyola University Chicago. You should know that our Board of Trustees carefully scrutinizes our financial resources and future needs to be sure that our tuition increases are necessary and prudent.
Here are just some of the changes we're bringing to our classrooms and campuses:
Leading academics: In Summer 2008, Loyola will launch the new School of Communication at the Water Tower Campus, offering undergraduate majors in Advertising/Public Relations, Communication Studies and Journalism. Students will study with top faculty and with working professionals, and get hands–on experience in Chicago, one of the nation's largest media markets. With our commitment to a strong curriculum and to an exceptional student experience, we continue to retain our annual U.S.News & World Report rankings as a top national university—and again in 2008 as a best value for education.
Pioneering technology: Opening this month, the $33 million Richard J. Klarchek Information Commons is an innovative resource center where library research, technology and the curriculum converge. Set on the Lake Michigan shoreline, the Commons offers computer workstations, group and individual study areas, classrooms, a digital media lab, and a café connecting to the Cudahy Library. Designed to be energy–efficient, the Commons also represents Loyola's commitment to environmental stewardship.
Advancing mission: Our new Center for Experiential Learning offers students a one–stop resource for academic internship opportunities, service–learning courses and undergraduate research programs. Through these experiences, which align with our Core Curriculum, students build the skills, values and knowledge needed to make a difference in the Ignatian tradition as "persons for others." And, after an extensive restoration, Madonna della Strada Chapel has reopened to again serve as a striking symbol of our mission as the nation's largest Jesuit Catholic university.
My best wishes to you for a happy and successful Spring Semester.
Sincerely,
Michael J. Garanzini, S.J.
President
P.S. This letter is being mailed to all parents and guardians of current Loyola undergraduates, and is also available at: LUC.edu/bursar/tuition.shtml.