Friday, June 24, 2011

Board Approves Tuition Increase

Occasionally, I come to you with news that is more of a necessity than a cause for celebration. I recognize that this is one of those times. At our most recent Commission meeting, the Board voted to approve a tuition increase of $5.50 per credit hour (or 3.93%). Also, the Commission approved the removal of the tuition cap to allow the College to begin charging tuition and fees for all credit hours taken, beginning fall 2011. Other fees will remain the same for the coming academic year.

The decision to increase tuition was a difficult one. We take our students financial burdens very seriously. The need for change was driven by decreases in State support resulting from changes to the State’s formula for allocating funding and the requirement that the College’s tuition stay above the minimum value established by the State. The College believes that this increase represents a reasonable balance of its financial needs and those of its students.

Please see the related press release for more information.

No comments: