Tuition accounts for more than 20 percent of the University’s total revenue. The school saw three major tuition hikes over the past decade as a result of decreased state funding. Starting fall 2011 tuition has been set to about $13,000 for undergraduate students. This trend is mirrored by other Big Ten school.
Both tuition and aid at the University have risen in recent years. This “high-tuition, high-aid” model expands access for low-income for students but often shifts costs and loans to the middle class.