Syracuse University Raises Tuition, Increases Graduate Stipends
Credit: Image Credit: John Greim / LightRocket / Getty Images- Full-time undergraduate tuition is rising 4.9% to $61,310, starting in the 2023-2024 academic year.
- Syracuse approved a $350 million increase to financial aid.
- Master’s student stipend minimums will increase by 18%, while Ph.D. stipend minimums increase by 30%.
Undergraduates at Syracuse University will have to pay almost 5% more in tuition, while graduate students will get a raise starting next semester.
According to The Daily Orange, Syracuse’s independent student newspaper, the tuition rise for the 2023-2024 academic year is the largest in five years.
Meanwhile, the university approved an 18% minimum stipend increase for master’s students and a 30% increase for Ph.D. students starting in the fall in a budget update that also increased financial aid by $350 million.
“The University remains steadfast in its commitment to ensure that the distinctive experience we offer is available to promising students from across the socioeconomic spectrum,” Ryan Williams, Syracuse’s vice president for enrollment services, said in the announcement.
“We look forward to welcoming a talented new cohort of students and our returning students when the Fall 2023 semester gets underway.”
Tuition and Fee Cost Increases
- Full-time undergraduate tuition will rise by 4.9% to $61,310.
- Room rates for full-time undergraduate students are increasing from $9,520 to $9,996.
- The health and wellness fee is rising from $822 to $850.
Graduate Stipend Increases
- Minimum 20-hour master’s student stipends will be $20,000, up from $16,980.
- Minimum Ph.D. student stipends will be $22,000, up from $16,980.
- All of Syracuse’s schools and colleges will increase assistantship stipends by at least 5% on average.