University of Virginia Library

TUITION INCREASE IN GRADUATE BUSINESS

The President reminded the Board of its action on 10 June 1960 by which tuition increases in
the amounts of $20 for Virginians and $45 for out-of-state students were approved, effective 1 September
1961. The President stated that the Dean of the Graduate School of Business Administration
had recommended to him a tuition increase for out-of-state students in his School of $100 instead
of $45. The Dean reported that this increase would still make the tuition charge for his School
below that of the graduate schools of business with which the University is in competition.

The President proposed and the Board adopted the following resolution

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia that,
effective 1 September 1961, the tuition charge for out-of-state students in the Graduate School of
Business Administration shall be increased from $850 to $950, for a total increase of $100.