WILLIAMSBURG — The William & Mary Board of Visitors is set to host a public hearing on April 24 to provide an overview of the university’s budget and potential actions on undergraduate tuition and fees, the university announced.
Prior to approving an increase in undergraduate tuition and mandatory fees, the Code of Virginia requires boards of visitors of Virginia’s higher education institutions to announce the range of increase under consideration, an explanation of the need for it, and allow for public comment on the proposed increase, W&M notes.
The Board will set tuition and fees for all undergraduate students for both the 2024-25 and 2025-26 academic years at its meeting on April 26 meeting. The Board will be considering increases ranging from zero to 4% in both undergraduate tuition and in mandatory fees, W&M said.
The university noted that since the 2020 fiscal year, it has held tuition increases in check every year except fiscal 2024.
Revenue generated from tuition and fees will be used in combination with other sources of revenue to address personnel costs, the university said, adding many of those uses are dependent on the state budget yet to be finalized by the Governor and General Assembly.
The public hearing will take place in the Grimsley Board Room in Blow Memorial Hall from 5-6 p.m. in the Board’s usual meeting location and will be livestreamed on the Board of Visitors webpage at wm.edu/bovmeeting. The hearing will include a presentation by the administration, and time for public comments. In addition to participating in person at the public hearing, members of the public can comment on the proposed tuition and fee ranges via an online form.
