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From the President

Greetings all,


At USF we understand the cost of higher education is one of the top issues families in our region and across the country are grappling with—they know the value of a college degree but aren’t sure how to make it work within their family budget. They want to see the true cost up front before committing.


USF's bold announcement to reset tuition addresses this challenge head on.


This reset is a way of walking the walk and is in line with who we are as an institution. As a University, we ask our students to live fully engaged lives—Not just to learn but to apply knowledge. Not just to excel at a profession to earn a wage, but to be contributing members to the fabrics of their communities. This announcement is USF engaging with its key groups—high school students, current students and alumni who are concerned with long-term student debt due to escalating costs of higher education; the local business community, which needs a talented workforce so businesses can relocate and expand in the region; and donors who want their dollars to go as far as possible in supporting USF students.


This announcement allows us to confidently tell families that, thanks to the tuition reset and our continued commitment to financial assistance, everything USF offers is within reach of their daughter or son. It helps both first generation college students and fifth generation college students recognize early on what a tremendous value an intensely personal, Christ-centered education at USF is.


USF is listening and acting—and leading the way in the region and beyond in making higher education affordable.


I welcome you to learn more about the tuition reset by exploring this website and offering your feedback below.


Sincerely,


Dr. Brett Bradfield

President, University of Sioux Falls

Why is USF implementing a tuition reset?

The University of Sioux Falls’ promise is to support, challenge and serve our students so they can become fully engaged citizens prepared and inspired to serve their communities and the common good. We do not want a perceived high cost and concern about long-term debt to be a barrier to considering USF.

The tuition reset will reduce the cost of a USF degree, reduce long-term student debt and put the possibility of a high quality, intensely student focused, Christ centered, private education within the reach of more students from all socioeconomic backgrounds. It makes the value of a USF degree stand out to financially savvy groups of prospective students and their families who are examining the cost of higher education—rightfully so—with increasing scrutiny.

What does this mean to current and prospective students?

Current students/parents:
All current students benefit under the tuition reset and will see reduced out-of-pocket cost for the next academic year instead of cost that likely would have increased about 3 percent. Under the tuition reset student scholarship and financial assistance dollars will go further and out-of-pocket costs will be reduced.

Prospective students/parents:
The tuition reset will reduce the cost of a USF degree, help reduce long-term student debt and put the possibility of a high quality, intensely student focused, Christ centered, private education within the reach of more students from all socioeconomic backgrounds. Over the course of four years, the reset will save students over $5,000.

How is a tuition reset possible?
In addition to decreasing bottom-line, out-of-pocket costs—to the tune of over $5,000 during four years—this is a change in the way USF charges for a degree in order to be more clear, accessible and attractive to students focused on their college return on investment. Not only will tuition be reset, room and board costs will be frozen, financial aid will be adjusted, and there will be a general university fee of $300 annually.
How much will students save over four years under the tuition reset?
An incoming freshman will save over $5,000 under the tuition reset over the course of their four-year degree. This reset is a response to the realities of rising tuition costs and provides students a real solution to protect and improve their financial futures. It also means that USF continues to listen to and meaningfully engage with its communities and continues to live its motto of "Culture for Service" by meaningfully responding to such realities.
Does the tuition reset have any impact on room, board and fees?
USF has frozen room and board costs for the 2018-19 academic year and is initiating a $300 general fee per year. The general fee supports student-related amenities and services external to the delivery of quality academic programming supported by tuition. The University takes pride in ensuring that these fees remain affordable and serve to enhance the college experience.
How does this impact financial aid/scholarships?
In 2018-19 all students will receive an adjusted financial aid package that at the bottom line will be more financially advantageous to them when compared to a standard 3% annual increase for 2018-19 without a tuition reset. To explain further, this reset marks a change in the way USF charges for an undergraduate degree. In addition to reset tuition, students will also see frozen room and board costs from last year, adjusted financial aid and a $300 per year General University Fee that supports student-related services. The bottom line is that all students will see direct cost savings even though the dollar amount of financial aid and scholarship awards are changing. Ultimately by resetting tuition by $10,000, financial aid and scholarship dollars will go further in covering the cost of tuition.
What does this mean for philanthropic support, especially for scholarships?
Each dollar of philanthropic support for USF scholarships will now go further against the total cost of tuition. This increase in the dollar-for-dollar impact of scholarship philanthropic support is good both for donors and for students receiving that support. For example, a total of $10,000 of financial aid and scholarship now covers over half of the cost of $17,980 in tuition as compared to one-third of the cost of $27,980 in tuition.
Does this mean that past students and graduates were overcharged for their education?
Not at all. The University of Sioux Falls offers generous financial aid support for virtually all of our students. The tuition reset brings our published price in line with what students and families are actually paying, which creates a clearer view of the true cost of a USF degree and will encourage more people to take a closer look at our university.
Will this have a negative impact on the perception of quality or reputation?
USF is fortunate to make this announcement from a position of strength—about one month after welcoming one of its largest incoming freshman classes ever and graduating a record-high number of students last spring. Our commitment to high-quality, intensely personal, Christ-centered private educational experience remains steadfast. Neither program quality nor program offerings will be reduced due to the reset. In fact, by continuing to deliver exceptional quality at an even better price, we believe the value of a USF degree is enhanced, and therefore is reputation as well.
Does the tuition reset apply to degree completion, accelerated nursing, RN-to-BSN or graduate programs?
No, the reset applies to the traditional, full-time undergraduate program at USF. USF’s degree completion program, accelerated nursing, RN-to-BSN and graduate business and education program have always had separate pricing structures that are regularly evaluated for being highly cost competitive within the marketplace for each program. Further, these programs have excellent reputations for being high-quality programs that produce sought-after graduates.
Does this have any impact beyond the University and its students?
Absolutely. USF leadership recognizes its graduates are an important part of the talent pool available to existing, new and expanding businesses in the Sioux Falls community and far beyond. USF alumni answer the call as engaged members of their professions, engaged citizens in their communities, and engaged servants to mankind in God's kingdom. This tuition reset is another way of being intentional about serving these communities and its many partners.

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Questions?

Please complete and submit this form or you may call USF's tuition reset hotline at 605-331-6788 with questions. If we receive your inquiry during normal working hours, we will respond promptly. If we receive this during evening or weekend hours, we will respond the next business day.

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