tuition and fee proposed changes
DESCRIPTION
Tuition and Fee Proposed Changes. Academic Years 2011 and 2012. UT Board of Regents Limit Total Academic Cost Increases. Total Academic Cost increases capped at 3.95% or $280 per year for a student taking 30 SCH, whichever is greater - PowerPoint PPT PresentationTRANSCRIPT
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Total Academic Cost increases capped at 3.95% or $280 per year for a student taking 30 SCH, whichever is greater
Cap is net of mandatory fees increased by student referenda
Total Academic Cost increases capped at 3.95% or $280 per year for a student taking 30 SCH, whichever is greater
Cap is net of mandatory fees increased by student referenda
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Mandatory Fee Increases• Athletic Fee
+$2 / SCH each year (authorized by referendum – doesn’t count against the cap)FY 2011 $15/SCH + 15%FY 2012 $17/SCH + 13%
Maximum paid is 12 SCH – Adds $48/year to full time students taking 12 SCH or more for both years
Mandatory Fee Increases• Athletic Fee
+$2 / SCH each year (authorized by referendum – doesn’t count against the cap)FY 2011 $15/SCH + 15%FY 2012 $17/SCH + 13%
Maximum paid is 12 SCH – Adds $48/year to full time students taking 12 SCH or more for both years
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Mandatory Fee Increases
• Medical Services Fee +10% over 2 yearsStudents pay the same amount whether taking 1 or 15 SCH per semester.FY 2011 $31.45 each semester + 6% ($3.50/year increase)FY 2012 $32.70 each semester + 4% ($2.50/year increase)
Mandatory Fee Increases
• Medical Services Fee +10% over 2 yearsStudents pay the same amount whether taking 1 or 15 SCH per semester.FY 2011 $31.45 each semester + 6% ($3.50/year increase)FY 2012 $32.70 each semester + 4% ($2.50/year increase)
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Mandatory Fee Decrease
• Energy Fee will be reduced by <19%> in FY 2011 from $35 per student per semester to $28.50• Result of UT System directive to review utility costs
and rates – new facility costs should be borne from designated tuition
• Annualized savings of $13 per student
Mandatory Fee Decrease
• Energy Fee will be reduced by <19%> in FY 2011 from $35 per student per semester to $28.50• Result of UT System directive to review utility costs
and rates – new facility costs should be borne from designated tuition
• Annualized savings of $13 per student
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• Designated Tuition rates:
• FY 2011 $131.75 / SCH +$10.90 (+9%)• A full time student taking 30 SCH per year will pay $327 more
• FY 2012 $142.75 / SCH + $11.00 (+8%)• A full time student taking 30 SCH per year will pay $330 more
20% of the increase is set aside for financial aid by law
• Designated Tuition rates:
• FY 2011 $131.75 / SCH +$10.90 (+9%)• A full time student taking 30 SCH per year will pay $327 more
• FY 2012 $142.75 / SCH + $11.00 (+8%)• A full time student taking 30 SCH per year will pay $330 more
20% of the increase is set aside for financial aid by law
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FY 2011 FY 2012(30/SCH) (30/SCH)
TuitionStatutory $ 1,500 $ 1,500Designated 3,953 4,283
Mandatory Fees 2,440 2,490Est. College/Course Fees 518 518TOTAL $ 8,410 $ 8,791
+$365 (4.5%) +$381 (4.5%) No incidental college/course fees will be increased
FY 2011 FY 2012(30/SCH) (30/SCH)
TuitionStatutory $ 1,500 $ 1,500Designated 3,953 4,283
Mandatory Fees 2,440 2,490Est. College/Course Fees 518 518TOTAL $ 8,410 $ 8,791
+$365 (4.5%) +$381 (4.5%) No incidental college/course fees will be increased
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• Tuition and fee rate changes subject to Board
Approval at March 3rd meeting in Austin
• Political, economic climates and pending state budget reduction will affect the final decision
• Tuition and fee rate changes subject to Board
Approval at March 3rd meeting in Austin
• Political, economic climates and pending state budget reduction will affect the final decision