Kettering University in Flint will guarantee a fixed tuition rate beginning in the 2012-2013 school year. The plan also eliminates many extra fees.
Kettering University specializes in science, technology, engineering and mathematics.
Kettering president Robert McMahan says the fixed tuition guarantee will help full-time students know exactly how much their undergraduate education will cost.
"What this means is the university is essentially assuming the risk that we have traditionally been asking parents and students to assume," McMahan says. "This will essentially set a pricing schedule which will hold constant throughout their entire academic career."
The fixed rate will also apply to current full-time undergrads in the upcoming year.
In addition, fees for orientation, student activities, transfer of credit posting, technology, theses and graduation, have been eliminated, McMahan says.
The new fixed tuition program will also apply to current full-time students who continue their education in the upcoming school year.
Kettering University tuition is just under $17,000 a year, not including room and board.
McMahan says undergraduate enrollment is just under 2,000 students, and growing.
"We have significant growth in this year's class, and looking at a significantly larger class next year -- and we still have significant capacity," McMahan says.
Kettering's president says the university is a close partner with the city of Flint.
"Flint has a good strategy for leveraging the presence of universities to help drive the economic revitalization of the city. We're proud to play an active role in this," he says.
McMahan denies that the fixed tuition plan was designed to help overcome Flint's status as one of the most violent cities in the nation.
"We work hard to make sure students have a safe and productive environment," he says. "We do a lot to ensure the safety and security of students on and around campus."