Under the initiative announced last week by President Robert L. Bogomolny, the university will pay for the final semester of tuition for all incoming undergraduate freshmen, both out of state and in-state, on the condition that they graduate within four years.
Students also must maintain a minimum 2.5 GPA and enroll in at least 12 credits per semester.
The program is designed to help more students earn their degrees and get into the workforce sooner. The university also foresees the potential for an enrollment boost.
Finish4Free, hailed as the first of its kind in the country, will launch this fall. It has been garnering quite a bit of media attention since it was announced–see the following stories:
A Free Semester for Finishing Within Four Years
Marketplace (April 7, 2014)
Univ. of Baltimore Paying Students to Graduate on Time
Diverse: Issues In Higher Education (March 25, 2014)
University of Baltimore to Offer Free Final Semester
The Baltimore Sun (March 18, 2014)