Following is the text of Provost Buck's announcement on the tuition increase

"For the past three years Harvard has been struggling with the effect of inflation on the costs of a Harvard education. The Faculty of Arts and Sciences has been able, by keeping all expenses to the minimum to avoid a tuition charges for students have not been increased since before the war indeed not since 1929.

"I think we have reason to be proud of this record which has as far as I know, not been equaled by any other private university.

"However, we can no longer postpone the day when tuition must be increased. During the current academic year the Faculty of Arts and Sciences has been operating at a very large defleit. Our estimates for next year, assuming the old tuition rate are an operating loss of approximately $750,000. This is the result not only of increased prices, but also of the fact that for the first time since the war our student body will show a marked decrease in numbers.

"The President and Follows have therefore found it necessary to increase the tuition for the academic year 1948-49 by $125: that is, to a total of $525. This will become effective at the opening of the fall term for all students in the College and the Graduate School of Arts and Sciences. I am happy to be able to announce that it will be possible to increase proportionately scholarship awards. We are confident that these and other provisions on behalf of needy students will mean that few, if any, students will not to able to return to the College or Graduate School next year for financial reasons."