WEST LAFAYETTE, Ind. — The Purdue University Board of Trustees approved freezing tuition for a 12th time. That will keep tuition at current levels through the 2024-25 academic year.
Base undergraduate tuition at Purdue will remain at $9,992 per year for Indiana residents and $28,794 for out-of-state students.
Purdue also points to affordability for students with lower room and board rates.
Purdue claims debt per undergraduate student has declined 36% since 2012.
Last fall, Purdue said it saw 71,000 applications for admission with total enrollment reaching a record 50,884 students with 37,949 of those being undergrads.
Also announced Friday, Purdue will be building a state-of-the-art school of business named after university president Mitchell E. Daniels. The board approved the plans.
This is the first time the school will have a formal name. The Krannert name that has designated the university's graduate program will continue to do so.
Purdue will invest $100 million in the project and launch a fundraising campaign for another $200 million.
