The annual cost for undergraduate students will increase by less than 4% starting next school year. This increase applies to tuition, required fees and standard room and board, and represents the change in cost for those choosing the least expensive residence option.
In a release from Jacqui Steadman, vice president for business and finance, it was stated that “the total cost for undergraduates to attend is increasing by 3.8%, which is below the prevailing rate of inflation.” The current federal inflation rate is 6.2%, according to Trading Economics.
Milligan’s tuition was more than $2,000 below the average price of four-year private colleges for the 2021-2022 school year, according to US News and World Report. In order to better understand the difference in the tuition price, it helps to compare the cost of the 2021-2022 school year to what has been announced for 2022-2023.
For 2021-2022, tuition cost $34,690 before financial aid. Looking ahead, tuition will be $35,950 for the year, which is a 3.6% increase from last year’s tuition cost. Below is a table showing the differences in cost by number and percentage.
| 2021-2022 | 2022-2023 | Increase | |
| Tuition | 34,690 | 35,950 | 3.6% |
| Board | 3,800 | 3,950 | 3.9% |
| Student Activity Fee | 500 | 500 | No increase |
| Technology Fee | 600 | 750 | 25% |
| Health Fee | 350 | 350 | No increase |
| Webb/Sutton | 3700 | 3800 | 2.7% |
| Hart | 4150 | 4300 | 3.6% |
| Kegley, Quillen, and Williams | 4350 | 4500 | 3.4% |
| Village | 6700 | 7150 | 6.7% |