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New UT Arlington fixed-rate tuition plan allows students to earn rebates while completing bachelor's degree

Tuesday, May 20, 2014

Media Contact: Kristin Sullivan, Office:817-272-5364, Cell:817-706-9811, kristinsul@uta.edu

News Topics: admissions

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The University of Texas at Arlington has an innovative offer for full-time students who earn their degree in four years: lock in today’s tuition rate, receive rebates each year and save $2,000 or more off the cost of an undergraduate degree.

UT Arlington Commencement 2014

The Guaranteed Tuition Plan is distinct from many other similar plans because it allows undergraduates who meet key benchmarks to earn rewards as they progress toward graduation – $1,000 off tuition in their second and third year, and $2,000 off tuition their senior year.

Texas students also have the potential to earn an additional rebate of up to $1,000 through a separate statewide program.

“UT Arlington has a long-standing tradition of rewarding students for excellence and the efforts they make,” President Vistasp M. Karbhari said. “We know that many of our students work while attending college, and this is a direct, financial benefit designed to encourage them and enable them to focus more time on their studies.”

The University of Texas System Board of Regents avoided increases in standard undergraduate resident tuition this week, instead opting to supplement revenue to UT System universities through appropriations from the Available University Fund. Average undergraduate tuition for UT Arlington students enrolled in 12 semester credit hours or more for fall 2014 and spring 2015 will remain at $9,292.

Under the Guaranteed Tuition Plan the Board of Regents approved Tuesday, UT Arlington students who lock in tuition rates by Aug. 1, 2014 and who qualify for the additional state rebate would save a total of $2,024 off the cost of their four-year degree.

The savings would be greater if tuition rates increase in future years.

To qualify for the Guaranteed Tuition Plan, students must complete at least 30 semester credit hours toward their degree during an academic year – an essential strategy for graduating on time. Participating students also must maintain at least a 2.5 grade point average in courses completed at UT Arlington that count toward their degrees plans.

UT Arlington has not increased undergraduate tuition rates since fall 2011. During that period, the University absorbed increases in operational and personnel costs while successfully implementing student success initiatives focused on increasing retention, reducing the time it takes a student to earn his or her degree and improving graduation rates.

UT Arlington opened University College in 2010 as a centralized academic advising, tutoring and assistance center. Since then first-year persistence rates have climbed to 71 percent from 61 percent. The Guaranteed Tuition Plan is expected to further improve graduation rates.

Karbhari emphasized that students and families should carefully consider the total cost of their degrees over four years when evaluating the Guaranteed Tuition Plan.

“A college degree is one of the most significant investments an individual will make in his or her future,” he said. “The University of Texas at Arlington is committed to being the best of the best, a place where excellence and access coexist, and a place where students who rise to the challenge can achieve their dreams.”

For more information about UT Arlington admissions and tuition rates, please visit http://www.uta.edu/uta/admissions.php.

About UT Arlington

The University of Texas at Arlington is a comprehensive research institution and the second largest institution in The University of Texas System. The Chronicle of Higher Education ranked UT Arlington as the seventh fastest-growing public research university in 2013. U.S. News & World Report ranks UT Arlington fifth in the nation for undergraduate diversity. Visit www.uta.edu to learn more and follow #UTAdna.

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The University of Texas at Arlington is an Equal Opportunity and Affirmative Action employer.