UB Introduces Finish4Free
Category: Noteworthy
Making national news, the University of Baltimore this spring introduced a new initiative, Finish4Free, that will offer incoming freshmen free tuition in their final semester if they graduate within four years.
Launching with this fall’s incoming freshman class, Finish4Free directly addresses two of the most pressing issues facing higher education today: time to degree and student debt. Assuming a 3 percent annual tuition increase, the program saves $3,300 in tuition for in-state students and $9,000 for out-of-state students. Graduating in four years, and therefore taking advantage of the incentive, will save in-state students nearly $17,000 and out-of-state students $47,000 compared to six-year graduation costs.
“The University of Baltimore has always been about student success,” UB President Robert L. Bogomolny says, “and for our population, that means being aware of cost, both in terms of money and time. As the cost of public higher education is increasingly being shifted to students and their families, we have a responsibility to do whatever we can to keep a UB education affordable.”
To qualify for the incentive, students must remain enrolled full time at UB throughout their undergraduate coursework and be on track to graduate within eight semesters. Students are also required to apply for and accept any federal and state financial aid for which they qualify and are responsible for student fees. Learn more at www.ubalt.edu/finish4free.
