Stanford Hikes Undergraduate Fees

Stanford University is raising its undergraduate fees but says it remains committed to providing enough financial aid to allow any admitted student to attend.

Under the plan approved by trustees Tuesday, total undergraduate fees -- including tuition, room and board -- will increase 3.5 percent to almost $49,000 in 2009-10.

Tuition alone will rise 3.75 percent to $37,380.

Despite a large budget deficit, Stanford will keep a new financial aid program that provides free undergraduate tuition to families making less than $100,000 a year.

Families making less than $60,000 aren't expect to pay tuition or room and board.

Stanford is also raising tuition for most graduate students by 3.75 percent.

Copyright AP - Associated Press
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