William Paterson Raises Tuition 1 Percent

William Paterson University is raising undergraduate tuition and fee by 1 percent for the 2015-16 academic year, the school announced Monday.

It is the smallest tuition increase in a decade and the fifth consecutive year the school has held the tuition increase to 2 percent or less.

Tuition and fees for a full-time undergraduate student will be $12,365 compared to $12,244 for the 2014-15 academic year. Tuition and fees for most graduate students will increase 2 percent, from $660 per credit to $673 per credit.

Room and board rates will increase 2 percent. About 25 percent of students live on campus.

“We are pleased that we are able to hold our tuition increase to a very modest 1 percent this year, which is the lowest tuition increase in more than a decade,” said university President Kathleen Waldron in a statement.