Brown University has raised tuition for the coming school year by 4.4 percent. A year of undergraduate tuition and fees at Brown will now top $62,000.
The Brown Corporation made the decision at its annual winter meeting over the weekend. The corporation also approved an 8 percent increase in financial aid spending to help offset the tuition increase.
Brown's 2016 budget includes a $4.4 million dollar operating deficit, which will be covered by university reserves. This is the third year in a row that Brown has operated with a deficit.