Increase in Tuition Attributed to Holy Cross's NIL Fund Designated as Key Factor
Holy Cross Announces 5.6% Tuition Increase for 2025/26 Academic Year
In a recent announcement, College President Vincent Rougeau revealed a 5.6% increase in tuition for the upcoming 2025/26 academic year, setting it at $68,090. The increase, Rougeau and Athletic Director Kit Hughes explained, is part of a larger plan to improve the school.
The funds generated from this tuition increase will be invested into improving the school, with a particular focus on enhancing Holy Cross' athletic programs. The aim is to reclaim the school's title as an elite athletic institution.
Athletic Director Hughes has expressed a desire for a significant improvement in Holy Cross' status as a sports school. To manufacture interest in the school's sports, Hughes suggested instituting a school dress code made up primarily of Holy Cross athletic gear.
President Rougeau has been criticized for covering up the true reason behind the tuition increase. However, in a recent YouTube video, Rougeau spoke about the goals of improving residential experiences and maintaining an excellent faculty as cover-ups for the real motive. The actual reason, as revealed in the video, is to improve Holy Cross' athletic programs and reclaim its elite athletic status.
It's worth noting that since the 2022-2023 academic year, the College of the Holy Cross has been covering tuition for students from families with annual incomes of less than $100,000. In the 2022-2023 academic year, 65% of the student body benefited from the $76.5 million the school set aside for tuition coverage.
The NIL (Name, Image, and Likeness) rule changes have allowed for college athletes to get paid in exchange for their name, image, and likeness. However, the exact impact of these changes on Holy Cross' decision to increase tuition remains unclear.
In response to concerns about the tuition increase, Hughes stated that the increase is not a negative for students when their hard-earned money is going towards a middle school football player's contract to play at Holy Cross. Hughes also emphasised that the tuition increase will increase the collective spirit on campus in the long run.
President Rougeau spoke on campus visits, tuition increases, and commencement in an interview on April 9th, 2024. For more detailed information, viewers are encouraged to watch the specific YouTube video or access official Holy Cross communications.
- College President Vincent Rougeau mentioned that the tuition increase is part of a larger plan to enhance education and self-development opportunities at Holy Cross.
- The faculty at Holy Cross is expected to receive additional resources to maintain their excellence as part of the school's increased tuition.
- Alumni are urged to engage more with campus events, as the tuition increase is intended to foster a more vibrant and spirited environment for students.
- In light of the tuition increase, Holy Cross is hoping to attract more student talent and feature their achievements in college news reports.
- The new tuition prices will help Holy Cross provide financial aid to more students, as seen in the 2022-2023 academic year where 65% of the student body benefited from tuition coverage.
- The NIL rule changes are expected to have an impact on Holy Cross' athletics and education, as college athletes may now receive payment for their participation, making sports a significant focus in the school's finance.
