Tuition for the 2018-2019 academic year will be $52,400, an increase of 3.5 percent ($1,750) over the current $50,650 tuition, Amy B. Kweskin, vice chancellor for finance and chief financial officer, announced today.

This year marks the fourth consecutive year that tuition has been raised by 3.5 percent. The percent increase in tuition has been steadily declining over the past decade, and this 3.5 percent raise matches the lowest rise in nearly 50 years.

The student activity fee—which makes up 1 percent of the total tuition—will be $524, up from $508 for 2017-2018, and the health and wellness fee will be $475, a $100 increase from the $375 charged now.

Modern doubles will cost between $10,850-$11,310 next year, whereas this year’s rooms cost between $10,532-$10,982. Meal plan prices will also rise to $4,290-$5,960, an increase over the $4,206-$5,844 for 2017-2018.

In a letter to parents and students about the rise in prices, Provost Holden Thorp noted that the rise allows Washington University to create a quality experience for its students—and allows the University to provide students with financial aid.

“We are able to fulfill our mission of providing a world-class university experience inside and outside the classroom because of the tuition you pay,” Thorp wrote. “It also enables us to meet the financial needs of all of our students, a goal that remains one of our highest priorities.”

Students who qualify for need-based financial aid will receive consideration for these cost increases.