Sewanee: The University of the South
Sewanee: The University of the South
Location: Sewanee, Tenn.
Tuition cut: 10%
Total tuition & fees: $32,292 (beginning in fall 2011)
Type of school: Private liberal arts college
Number of students: 1,500

In response to surging higher education costs and the reeling economy, Sewanee said in February that it would cut 2011-2012 tuition by $4,600.

"Higher education is on the verge of pricing itself beyond the reach of more and more families," said Vice-Chancellor John McCardell in a statement. "The reduction in tuition at Sewanee recognizes today's new economic realities and the pressures that families face. Our goal is to make an outstanding liberal arts education more accessible to qualified students."

Some changes may be made to the financial aid program to allow for the tuition cut, but the college said that no student will pay more money to attend the school than they paid previously.

The school received more than 3,000 applications for the current school year, and only about 425 students were selected -- making it the biggest freshman class in history. And the number of visits by prospective students since the announcement is up 60% compared with the same time period in the previous year.

Colleges included offer a range of majors, are coeducational and open to anyone.
Last updated November 15 2011: 8:26 AM ET
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