NEWTON — Lasell University in Newton announced Tuesday that they plan to cut the price of tuition and room and board by 33%.
According to the school, the combined tuition and standard room and cost will be $39,500 for the 2023-2024 academic year. The award was $59,130 for the 2022-2023 academic year.
The tuition is $26,000 and the standard room and board is $13,500.
The school said the price cut is more in line with the actual out-of-pocket costs that the majority of current Lasell students pay after a scholarship is considered.
“For many students, the college application process can be overwhelming. This new approach to pricing will reduce ‘sticker shock’ and help students and families make informed financial and academic decisions,” said Lasell president Michael Alexander.
The school also said its housing and food plan will now be one of the cheapest in the Boston and New England area.