Ball State University will increase its tuition and mandatory fees for the next two academic years.

Students will see a 1.45% increase each year, though room and board costs will remain the same for the next academic year. Parking fees will also not increase.

The combined increase in cost is the lowest in 20 years for the university.

The university will also distribute more than $44 million in financial aid and $20 million in federal COVID relief funds to students next year.