Ferris State University President David Eisler said a 2.5 percent tuition increase may be a burden for some students, but the university is offering more financial aid to help soften the blow.
With the increase in effect, tuition at Ferris will cost $357 per-credit hour. That’s up from $348 per-credit hour during the 2011-12 academic year.
“I believe this is the second lowest tuition increase in the state so I’m really quite pleased that we were able to defer costs and help our students,” Eisler said.
In an attempt to help cash-strapped students, the university is increasing financial aid to students by $400,000 to $500,000 to help cover the increased cost of tuition, he said. In 2010, the average student loan debt at Ferris was $35,468 -- the highest of Michigan's 15 public universities, according to the Institute for College Access and Success.