Tuition discounting at four-year private, nonprofit colleges and universities has been on the rise for several years. This practice, which colleges and universities use to provide institutional grants to students who are unable or unwilling to pay the full tuition and fee price, allows institutions to meet multiple institutional goals, including promoting access to higher education. This "Perspectives" piece, written by Lindsay K. Wayt and Lesley McBain, examines whether increasing tuition discount rates between 2011 and 2015 was associated with an increase in the enrollment of underrepresented minority students. Findings indicate that institutions that increased their tuition discount rates the most had above-average increases in their proportions of undergraduates from underrepresented backgrounds.