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Purdue makes fast progress on tuition freeze

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press
Saturday, May 18, 2013 - 7:13 pm

WEST LAFAYETTE — A Purdue University official says the school has made fast progress finding $40 million in savings or new revenue to support a two-year tuition freeze announced in March.

Purdue treasurer Al Diaz tells the Journal & Courier that the school is nearly three-quarters of the way to reaching that $40 million goal.

He says that includes $5 million in new revenue, $7 million in savings through a 1 percent merit raise wage pool, and millions more in other cost-cutting measures. Diaz says the university still needs to have a plan in place by July.

Purdue President Mitch Daniels announced the tuition freeze plan in March. It covers only the main campus and will keep basic in-state tuition at about $10,000 a year.