No Tuition Increase for 11 Universities in Texas A&M System
CORPUS CHRISTI, Texas – The Texas A&M University System’s Board of Regents will not increase tuition for Fall 2022, Chairman of the Board Tim Leach said today.
“The Board is very focused on making a college education affordable for all Texans and pledges to make accessibility and fairness our highest priority,” Chairman Leach said.
The decision impacts all 11 universities in the Texas A&M System, including Texas A&M University-Corpus Christi.
“We recognize there is inflation for running universities, but there is inflation on families and students as well,” said Chancellor John Sharp. “We’ve decided to manage our costs rather than raise tuition.”
Chancellor Sharp credited the A&M System’s ability to manage its costs to the state’s elected officials who appropriated more money for higher education last year as well as the A&M System’s conservative fiscal management.
Texas A&M University-Corpus Christi follows the A&M System’s fiscally conservative approach and strives to provide as much financial assistance to students as possible. In addition to its other forms of aid, TAMU-CC announced an expansion of its Islander Guarantee program this spring. The program covers tuition and mandatory fees for incoming Pell-eligible freshmen with family incomes of $125,000 or less. The university nearly doubled the income eligibility to assist more incoming freshmen with college costs making its income eligibility the highest in the state.
“Texas A&M University-Corpus Christi has a longstanding commitment to making college affordable and accessible for everyone,” said Dr. Kelly M. Miller, TAMU-CC President and CEO. “We are dedicated to keeping tuition costs down and are proud to have awarded more than $130 million in scholarships and financial aid last year alone.”
Additional information:
The Consumer Price Index peaked at 8.5 percent for the year ending in March 2022, the largest 12-month advance since December 1981, according to the U.S. Bureau of Labor Statistics.
Annual inflation rate slowed to 8.3 percent in April, but some economic sectors continued to see higher increases than the overall inflation rate. In April, energy prices were up 30.3%, food at 9.4%, new vehicles at 13.2% and shelter at 5.1%.
