Tuition and Fee Proposed Changes
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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 Presentation
Transcript of Tuition and Fee Proposed Changes
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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
