Post March 27, 2014
LCCC Adopts Tuition Guarantee to Accelerate Degree Completion Opportunity for Students
The Lorain County Community College Board of Trustees today adopted a tuition guarantee program that will hold tuition and fee rates for students registering in fall of 2014 and spring of 2015 for up to three years or until the completion of their degree, whichever comes first.
“Even though our tuition rates are the second lowest in the state, we are committed to the success of our students and this is one way that we can reduce the cost and time required to complete a degree,” said LCCC President Roy Church.
The tuition lock guarantee is provided to existing part-time students who elect to enroll full-time and new (first-time) full-time students in fall semester 2014 and spring semester 2015. Their tuition and fees will be guaranteed at current rates of $118.34 per credit hour (tuition and fees) during the time of their participation in the program.
Students will be required to sign a completion pledge that says they will: maintain continuous enrollment in fall and spring semesters for three years or until degree completion, whichever comes first; and commit to creating an academic plan with an LCCC Success Coach by the end of their second semester. Students can find the tuition pledge at www.lorainccc.edu/tuitionpledge.
“In today’s economy it’s important to complete a degree to compete for many careers,” Church said. “Statistics show that unemployment rates for college graduates are 30 percent lower than those with only a high school diploma.”
The Gates Foundation reports that transfer students with an associate degree are 30 percent more likely to finish a bachelor’s degree as well, he noted.
Helping students hold the line on college costs is one way they can complete their degree on time.
“It’s important to keep the momentum going when working on a degree,” Church said. “You cannot assume that resources to finish college will be available later in life. Many people regret dropping out of college, but may not have the financing or opportunity to return. A degree earned now pays dividends throughout your career.”
Current LCCC tuition and fees are $118.34 per credit hour. LCCC also offers a blanket tuition policy to help keep costs affordable. LCCC’s blanket tuition policy allows students to take up to 18 credit hours for the price of 13 credits.
The Tuition Guarantee is a part of LCCC’s “Our Promise” initiative. The goal of “Our Promise” is to ensure students that the College will do all it can to deliver on its mission and vision in service to this community. An important element of that mission and vision is to reduce the time and cost required to complete a degree while guaranteeing their quality to the employers in our county. Other components of the “Our Promise” initiative will be announced at later dates. For more information, visit www.lorainccc.edu/ourpromise.