Category Archives: Finance

Finance issues affecting historically black colleges and universities

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Norfolk State Increases In-State Tuition

The Norfolk State University Board of Visitors today voted to increase tuition for Virginia residents by $326 dollars, a move expected to counter projected shortfalls in enrollment this fall.

Fees and costs for out-of-state students will remain the same, while combined tuition, fees, room and board increase for in-state students will be $576.

NSU finance officials called the effort a move to maintain operational and service standards.

“One of the main goals of the tuition and fee adjustments for the upcoming academic year is to minimize the total increase to students while assuring that the university has sufficient resources in which to operate,” said Gerald Hunter, vice president of Finance and Administration.

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Norfolk State Mulls Tuition Increase

Anticipating another drop in enrollment in the fall, Norfolk State University’s governing board today will consider raising tuition to help balance the school’s budget.

Officials want to keep the increase below $100 per year for in-state undergraduates who live off campus. “We may not make that, but that’s what we’re hoping for,” NSU’s president, Eddie Moore Jr., said in an interview. “We’re really trying to keep costs at a minimum.”