University's governing board approves tuition rate, budget request

Posted on November 6, 2013 

University’s governing board approves tuition rate, budget request

 

ANCHORAGE---The University of Alaska Board of Regents approved an FY15

budget request to forward to Gov. Sean Parnell for consideration as well as

the second-lowest tuition increase in 10 years, continuing a trend started

in 2007 to moderate financial impacts to the UA System’s 33,000 students

statewide.

 

The governing board for UA’s 16 campuses met at the University of Alaska

Anchorage campus Wednesday.

 

By an 8-2 vote the board approved a $6 per credit increase for resident

undergraduate (100-400 level) courses beginning in fall 2014. Resident

graduate courses (500-600 level) will increase $12 per credit hour. The

non-resident rate for both graduate and undergraduate will increase $12 per

credit hour. Even with the increase, the university’s tuition is among the

lowest of public institutions in the 15 Western states.

 

Jarmyn Kramlich, a junior at the University of Alaska Southeast and

president of the UAS student government, thanked the administration for

keeping tuition as low as possible. “We recognize that tuition has to go

up; it can’t be zero when other costs are going up,” Kramlich said.

 

UA President Pat Gamble noted the three university chancellors and system

administration have worked very hard to reduce costs internally. “Tuition

should be the last place we go when trying to balance the budget,” Gamble

said.

 

The board also approved operating and capital budget requests for the

fiscal year beginning July 1, 2014. The operating request totals $388

million in state general funds, with the university generating an

additional $547 million through competitive federal research grants,

tuition and fees, self-supporting auxiliary services, private donations and

other sources.

 

Regents also endorsed the capital budget, at $319 million in state general

funds plus an additional $84 million in university generated revenue.

Deferred maintenance of existing facilities; finishing the two engineering

buildings at UAA and UAF; a major upgrade of the UAF combined heat and

power plant; and research specific to Alaska—including a digital mapping

project and other initiatives--round out the capital request.

 

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