Huntington University board of trustees has decided not to hike tuition for the 2013-14 academic year.
This is the second time in a decade that the university has taken such a step to reduce the financial burden of both the students and the parents.
The earlier freeze happened in 2004-2005 .
As a result, Huntington University's undergraduate tuition will continue to remain at $23,300 and professional and graduate degree programs will cost between $348 and $466.
The tuition freeze is applicable for all incoming and returning students of traditional undergraduate and graduate and professional programs.
"In these uncertain economic times, students and parents will have one less worry," President G. Blair Dowden said. "While the cost of higher education has escalated across the nation, Huntington University is holding the line on tuition."
However, the freeze does not apply to the room and board fees, which will increase slightly by 1.6 percent to $32,200.
The University had launched a Loan Repayment Program in 2009 as part of a student financial assistance scheme.
This program refunds all or part of a graduate's loan payments if their employment income falls within certain thresholds.
"First through its innovative loan repayment plan, and now by freezing tuition, Huntington is making a strong statement on its commitment to affordability and educational value," David L. Warren, president of the National Association of Independent Colleges and Universities said.
