Lincoln College to cut fall 2012 tuition by 20 pct

[October 13, 2011]  As a response to downward economic trends that are resulting in a nationwide education deficit, Lincoln College is offering a significant reduction in tuition beginning in the fall 2012 semester.

These changes are presently in effect for both of Lincoln College's campuses, in Lincoln and in Normal.

Tuition at the Lincoln campus, previously priced at $23,000 annually, has been reduced to $17,500 annually. Tuition at the Normal campus, also previously priced at $23,000 annually, has been reduced to $16,500 annually. Each decrease represents a tuition reduction of more than 20 percent.

In addition to the new tuition structure, Lincoln College will maintain its current practice of offering academic, athletic, fine arts and privately funded scholarships to prospective students. Lincoln College and its benefactors awarded a total of over $8 million in scholarships at the two campuses for the 2011-12 academic year.

Final details of the tuition plan were approved by the college's board of trustees, which met in late September.

Additionally, the college is also guaranteeing four consecutive semesters priced at the tuition amount in place at the time of enrollment -- with no increases in tuition or fees – for students who enroll on a full-time basis.

Collectively, Lincoln College hopes these steps will increase the college's affordability for all prospective students.

"Lincoln College recognizes the reality of these difficult economic times," said Lincoln College President Jon Astroth in a statement announcing the decrease. "With the economy floundering, financial resources are scarce. Yet education may be more important than ever before in providing a brighter future for individuals and our country."

[Text from file received from Lincoln College]