The Lorain County Community College Board of Trustees in March adopted a tuition guarantee program that will hold tuition and fee rates for students registering in fall of 2014 and spring of 2015 for three years or until the completion of their degree.
“Even though our tuition rates are the second lowest in the state, we are committed to the success of our students and this is one way that we can reduce the cost required to complete a degree,” said LCCC President Roy A. Church.
The tuition lock guarantee affects new and existing part-time students who elect to enroll full-time and all students who enroll full-time in fall semester 2014 and spring semester 2015. Their tuition and fees will be guaranteed at current rates of $118.34 per credit hour (tuition and fees) during the time of their participation in the program.
Students will be required to sign a completion pledge that says they will: maintain continuous enrollment in fall and spring semesters for three years or until degree completion, whichever comes first; and commit to creating an academic plan with an LCCC Success Coach by the end of their second semester.
“In today’s economy it’s important to complete a degree to compete for many careers,” Church said. “Statistics show that unemployment rates for college graduates are 30 percent lower than those with only a high school diploma.”
The Gates Foundation reports that transfer students with an associate degree are 30 percent more like to finish a bachelor’s degree as well, he noted.
Helping students hold the line on college costs is one way they can complete their degree on time.
“It’s important to keep the momentum going when working on a degree,” Church said. “You cannot assume that resources to finish college will be available later in life. Many people regret dropping out of college, but may not have the financing or opportunity to return. A degree earned now pays dividends throughout your career.”
For more information, visit www.lorainccc.edu/ourpromise.