Indiana University President Michael McRobbie has announced the creation of “incentive grants” aimed at reducing the impact of tuition increases.
Some state lawmakers were upset with IU trustees for approving a 4.6 percent in-state tuition hike for the current school year. One of them, Republican state Senator Luke Kenley, had threatened to hold up
I-U building projects in his budget committee unless something was done to help offset the increase.
McRobbie says starting next year, in-state undergraduate students can earn as much as 300 dollars in tuition grants if they carry a full course load and maintain at least a “B” average.
He says the program is a two year experiment but could be extended.
“If this has a measurable impact on completion rates, on retention rates among our students, then I would see us continuing a program like this in some form,” McRobbie said at a Tuesday press conference.
McRobbie says the experimental phase of the program will cost up to $3 million.
(Photo by Aaron Bernstein/www.indiana.edu)