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The Business School's tuition will rise $200 next year to $1200, Stanley F. Teele, dean of the School, announced yesterday. The new costs will go into effect September, 1956.
At the same time, it was learned that committees at other graduate schools are investigating the possibility of raising their own tuitions but no representatives reached yesterday would say whether any increase was contemplated.
Teele said the additional funds will be used largely for adjusting faculty salaries which "have lagged seriously behind the cost of living. While the Consumer Price Index has increased 91 percent since 1940," he said, "the salaries of professors have increased only 46 percent; those of associate professors, 44 percent; and those of assistant professors, 60 percent."
The goal of the school, he continued, is to raise, before 1957, professors' salaries to 63 percent above the 1940 level, associate professors' salaries to 69 percent above the 1946 level, and assistant professors' salaries to 39 percent above the 1940 level.
Together with the tuition increase, Teele formally announced a change in the school's financial aid program. Whereas students in he past had to show financial need in their families before receiving a loan, all students may now receive grants irrespective of their families' resources.
No Public Health Raise
To meet the expected increase in demand, financial aid will be increased, Teele said, from $434,000 in 1954-55 to approximately $550,000 in 1956-57. This program will be financed, he said, from sources other than the added tuition.
The only dean who said flatly that no tuition rise was in sight was John C. Snyder of the School of Public Health. "We have just had a rise up to $1150," he said, "and none is contemplated for the near future."
Erwin N. Griswold, dean of the Law School, in a brief statement, said the Law School "had not made its plans for next year." A spokesman for the Medical School said he did not think any rise was foreseeable in the near future.
A spokesman for the School of Public Administration said his school would not raise its present low tuition of $700 until the Graduate School of Arts and Sciences also raised its figure. J. Peterson Elder, dean of that school, could not be reached for any comment yesterday.
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