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Loras College to Offer Tuition Match Program

DUBUQUE, Iowa - Private college education at a public university price. That's the new tuition program that Dubuque's Loras College will roll out next year.
Loras will reduce tuition for students who qualify to match the cost of state schools like the University of Iowa.

Administrators say this announcement is a new way of marketing something many small schools have been doing for years.

It's winter break at Loras College. Empty desks and vacant classrooms decorate the small campus. But for the few people roaming around, there's a buzz about the new tuition program.

Prospective Student, Joe Weiner said, "I heard that it's possibly going to be cheaper of maybe the same price to go here, so I am definitely thinking about going to Loras now. "

Administrators say that's exactly what they are hoping for.

Loras College President Jim Collins said, "this is an opportunity for us to eventually grow enrollment by say 100 students over the next few years. "

The program is open to incoming students who live in Iowa, Illinois, Wisconsin and Minnesota. But they have to meet some requirements: 3.25 grade point average and a family income of less than $100,000 per year.

Collins said, "everybody thought after 2008-2009 the economy will subside and the issues will go away. But the reality is this new normal is the new normal."

Loras will make up the difference in tuition through grants and its endowments.

"At the end of the day, we're mostly doing this right now. Good students here get nice scholarships from the college, " said Collins

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