Hendrix College in Conway announced Friday that it will reduce tuition by 32% for the Fall 2021 semester. Tuition for its M.A. in accounting program will also be reduced.
“Hendrix has one of the most generous financial aid programs in the country,” President Ellis Arnold said in a news release. “Nevertheless, we know that there are students who would thrive at Hendrix but don’t apply because they’re concerned about the published price.”
“By lowering our tuition, we want to let those students and families know that we hear their concerns and, most importantly, they can come to Hendrix,” he said.
Arnold also said the college realizes that, with the ongoing COVID-19 pandemic, 2020 has been a challenging year. “While we cannot undo the disruption created by COVID-19 for our current students this year, we hope that a tuition-free fifth year will allow them the opportunity to have a richer residential and learning experience at Hendrix,” he said.
Ryan Cassell, vice president for enrollment, added, “We recognize that Hendrix is still a significant investment. Reducing tuition is part of a comprehensive commitment to keeping Hendrix within reach for students and families.”
In addition to other grants and scholarships, Hendrix offers a program that matches the published in-state tuition and fees at the flagship university in a student’s home state as well as installment plans and access to loans.