Assumption College Manages Revenue Growth as Enrollment, Giving Decline

Assumption College in Worcester continued to fight financial headwinds in the fiscal year that ended May 31, reporting a modest increase in net tuition revenue despite hitting five-year lows in enrollment, employee headcount and philanthropic giving. Assumption said net tuition revenue for fiscal 2015 was $39.57 million — a 10 percent increase over the fiscal 2014's $35.96 million, according to recent financial filings.