Image courtesy of the University of Akron

The University of Akron is raising the tuition rate by 4.6% for its incoming freshmen class. The university’s board of trustees approved the changes Wednesday at its regular meeting.

For the main Akron campus, the cost will increase from $495 per student credit hour to $517.77, a change of $22.77. UA considers a full-time student to be taking at least 12 credit hours. Full-time incoming freshman taking 12 or more credit hours at the main campus will pay an additional $273.24 per semester, or $546.48 more per academic year (two semesters).

The rate will be locked in for the entire time the incoming freshmen class is at the university, said Dallas Grundy, the university’s senior vice president and chief financial officer.

Grundy said the university did not increase tuition rates in fall 2021, but the university is feeling the ongoing effects of inflation and rising prices.