News

Rosemont College cuts tuition by 43 percent

Written by The Associated Press | Sep 17, 2015 1:30 AM
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Rosemont College in Montgomery County (Photo courtesy of Wikimedia Commons user ifly6)

(Rosemont) -- A private Catholic college in suburban Philadelphia has taken a drastic move to make it more attractive to families scared away by a high sticker price. 

Rosemont College in Montgomery County has announced it will cut tuition by 43 percent next year and knock $1,900 off room and board, bringing the school's price tag from $46,000 to $30,000 annually. 

But no students will see a $16,000 price cut.

That's because the college doled out so much financial aid in recent years that few paid close to $46,000. 

Savings are expected to average about $815 per student.

Tuition will drop from $32,620 to $18,500 and room and board will decrease from $13,400 to $11,500. 

The college says it wanted to help families who thought the school was out of their price range.  

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