Smith Announces 2000-2001
Fees
At its February meeting, the Smith
College Board of Trustees approved a comprehensive fee of $31,744,
an increase of 4.3 percent over the current year.
The comprehensive fee incorporates
tuition ($23,400), room and board ($8,160) and a student activities
free ($184).
In a letter to parents and students
announcing the new fees, Smith College President Ruth J. Simmons
noted that the subsidy provided to every student by the college's
endowment, annual fund, and operating budget means that a student's
comprehensive fee actually covers only 56 percent of the real
cost of her education.
"Since the completion of the college's
recent self-study, we have introduced a number of new initiatives,
including an innovative internship program and an engineering
program, the first at a women's college," Simmons said.
"Our extensive planning process enables us to balance fiscal
stability with expenditures that support these initiatives and
other exciting new programs and projects that are in the works."
Simmons also noted that, in recent
years, Smith's fee increases have been consistently lower than
those of similar colleges. "As a result, our comprehensive
fee is one of the lowest among our peer institutions."
March 20, 2000
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