TAMIU Noted for its Affordability by CNN
Posted: 7/7/11

CNN Cites TAMIU for Affordability

Laredo's hometown university has something all students and their parents can relate to -- low cost.

A national listing focused on College Affordability and Transparency indicates that Texas A&M International University (TAMIU) is among the nation’s lowest net priced public, four-year or above universities.

CNN Money.com reviewed the data and listed TAMIU as one of its 10 most affordable colleges on its website.

Compiled by the National Center for Education Statistics (NCES), part of the U.S. Department of Education, and using the Integrated Postsecondary Education Data System (IPEDS), the listing cites TAMIU’s net price of $4,594 per semester as well below the national average of $10,747.

TAMIU is one of seven Texas four-year institutions included in the 68-member listing. In light of its low cost, TAMIU is ranked 23rd on the listing.

TAMIU president Dr. Ray Keck said the finding affirms the University’s commitment to making higher education affordable and accessible.

“Despite the challenges of our economy and reduced State funding, we maintain our commitment to our students and providing an excellent education at an affordable and accessible price,” Dr. Keck said.

The cost list posting is required by the Higher Education Opportunity Act (HEOA).

IPEDS is a system of interrelated surveys conducted yearly to gather information from every college, university, and technical and vocational institution in the United States and other jurisdictions (such as Puerto Rico) participating in federal student financial aid programs.

The Higher Education Act of 1965, as amended, requires that institutions participating in federal student aid programs report data on enrollments, program completions, graduation rates, faculty and staff, finances, institutional prices, and student financial aid.

It is available to students and parents through the College Navigator college search Web site and to researchers and others through the IPEDS Data Center. IPEDS date is used to describe and analyze postsecondary education trends in the U.S.

Congress, federal agencies, state governments, education providers, professional associations, private businesses, media, students and parents, and others rely on IPEDS data for this basic information. At the federal and state level, IPEDS data is used for policy analysis and development and at the institutional level for benchmarking and peer analysis.

According to the NCES, the average net price is generated by subtracting the average amount of federal, state/local government or institutional grant or scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required frees (lower or in-district or in-State, where applicable), books and supplies and the weighted average for room and board and other expenses. Average net price is for full-time beginning undergraduate students who received grant or scholarship aid from federal, state or local governments or the institution itself.

To view listings for colleges and universities with highest and lowest tuition rates, go to collegecost.ed.gov. Higher education advocates say the listings are helpful to prospective students and their parents.

Registration for Fall is now underway at TAMIU at uonline.tamiu.edu

Fall classes start Thursday, Aug. 25.

For more information on Fall registration, contact the Office of the University Registrar at registrar@tamiu.edu or call 326.2250.

Additional information is also available on Facebook, Twitter and YouTube @txamiu.

University summer office hours are from 8 a.m. – 6 p.m. Monday-Thursday and from 8 a.m. – noon on Fridays.

Journalists who need additional information or help with media requests and interviews should contact the Office of Public Relations, Marketing and Information Services at prmis@tamiu.edu