Charges for the 1997-98 school year at Hamilton will be $22,700 for tuition and required fees, $2,850 for room and $2,800 for the full board plan. The total cost for attending Hamilton will increase 4.4 percent, to $28,350, compared with the current cost of $27,150.
The 4.4 percent figure represents the lowest percentage increase at Hamilton since fees rose by 3.4 percent in 1973-74. It is the third consecutive year that total charges have increased by less than 5 percent, and the seventh consecutive year that the increase has been below 6 percent.
"Clearly, Hamilton and all colleges throughout the U.S. are responding to the financial constraints faced by many of our students and their families," said Vice President for Administration and Finance Daniel O'Leary. "At the same time, we are meeting our commitment to provide America's top students with one of the nation's best liberal arts educations."
In addition to keeping pace with the latest technology needs of students and faculty, O'Leary said the added revenue will be used to compensate Hamilton's teachers at a level commensurate with other selective private colleges and universities.
O'Leary said the college will also increase the amount of institutionally funded scholarship aid for students by about $1 million, from the $10.2 million being spent currently. "Those students who work hard and truly excel in their secondary school classrooms will always have a place here, regardless of their families' ability to pay the full cost of a Hamilton education," said O'Leary.