FIXED RATE TUITION OPTION - Starting in the fall, Students at Stephen F. Austin State University will have the option to participate in a fixed-rate tuition and fee plan. SFA President Dr. Scott Gordon explains, “This new tuition model which fixes the fee at twelve credit hours and a student can take thirteen, fourteen, fifteen, all the way up to 21 hours for the same price as twelve. We’ve done the calculations and it is about a $10,000 savings of a four year education using the fixed rate plan taking 15 hours [a semester].”
According to Dr. Gordon, these changes should create more transparency for students and families in planning for the costs of higher education. [Dr. Gordon] “So, what we are trying to do is essentially find ways to be part of the solution to this student debt crisis, not part of the problem.”
Additionally, students entering SFA in the fall will have access to a guaranteed price plan that freezes tuition and mandatory fee costs for a period of four years.
This is Wynter Chauvin reporting for Red River Radio.