UM Curators discuss FY 2019 budget after tuition price hike

3 months 4 days 18 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 1:28:00 AM CDT June 21, 2018 in News
By: Lindsey Wilkerson, KOMU 8 Reporter
loading

COLUMBIA - Amid overall lower enrollment numbers, the UM Board of Curators will vote on the FY 2019 budget at Thursday's annual meeting, cutting the budgets of some departments by roughly 12 percent.

To help the roughly $49 million budget gap, the Board of Curators voted in May to increase tuition by roughly 1 percent for in-state students, roughly 2 percent for out-of-state students and up to 6 percent for some graduate students.

Christian Basi, the MU director of media relations, said for an undergraduate, in-state student taking 15 credit hours per semester, their tuition for the entire year would increase by about $85.

He said the increase in tuition prices will be offset by lower costs in other areas, like lowered dining hall fees, the reduced costs of living in residence halls, and the prices of textbooks.

"Most students who are coming here will actually see a decrease in their net costs to attend college," he said.

Basi said overall enrollment at MU will still be lower than the previous year because a significant amount of students graduated in May. Freshman enrollment, however, will likely increase in the 2018-2019 school year.

"We're looking at a potential significant increase in freshman students over last year's freshman class, which is really good news that's helping us with some of these other budget decisions," he said.

Abigail Loe, a prospective freshman student, toured MU on Wednesday. She said affordability and the general atmosphere of the campus are factors she's considering before deciding on what college she wants to attend.

"It was more just about where I was going rather than how much it costs. Mizzou also offered a lot of great opportunities for scholarships to make it more affordable," she said.

If the Board of Curators approves the FY 2019 budget, it would include terminating more than 185 positions, about 30 of which would be layoffs.

Part of Thursday's meeting is expected to also focus on approving amendments to the Transition Assistance Program, which provides funding and resources to MU employees who are laid-off.

More News

Grid
List
SAN FRANCISCO (AP) — The co-founders of Instagram are resigning their positions with the social media company without explanation. ... More >>
4 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 11:02:00 PM CDT September 24, 2018 in News
COLUMBIA - Friends and loved ones of MU student Perri A. Jones mourned the loss of Jones at a vigil... More >>
7 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 8:14:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - More church volunteers are heading to North Carolina Monday night to help communities deal with Hurricane Florence.... More >>
8 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 6:50:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — The Missouri Supreme Court won't reconsider a ruling allowing voters to decide on a ballot measure... More >>
10 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 5:33:41 PM CDT September 24, 2018 in News
MILLER COUNTY - Officials say they arrested a suspect in Chicago for the June murder of Tyler J. Worthington. ... More >>
10 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 5:28:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — Missouri Attorney General Josh Hawley is defending his lawsuit against the operators of a duck boat... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:30:25 PM CDT September 24, 2018 in News
BOONVILLE - Police are searching for a man who stole gasoline, according to a Facebook post Monday morning. Boonville... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:00:00 PM CDT September 24, 2018 in News
COLUMBIA - Border security and immigration continue to be huge issues for Missouri's November senate race between Sen. Claire McCaskill,... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:00:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — The U.S. attorney's office says a former central Missouri tax collector has pleaded guilty to embezzling... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:38:00 PM CDT September 24, 2018 in News
KANSAS CITY - The FBI released its annual Crime in the United States report Monday, and the numbers showed violent... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:32:00 PM CDT September 24, 2018 in News
KANSAS CITY, Kan. (AP) — A former Kansas priest still holds medical licenses in Kansas and Missouri despite being defrocked... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:29:15 PM CDT September 24, 2018 in News
JEFFERSON CITY - A law requiring a photo ID to vote is at the center of a lawsuit beginning Monday... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:53:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - A child sex investigation that started in Boone County has led to a man pleading guilty to... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:51:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - A federal grand jury added charges in the case against a Columbia man accused of trying to... More >>
13 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:21:00 PM CDT September 24, 2018 in News
WASHINGTON (AP) — Deputy Attorney General Rod Rosenstein headed to the White House on Monday expecting to be fired by... More >>
17 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 10:30:53 AM CDT September 24, 2018 in News
ST. LOUIS (AP) — St. Louis police are investigating a rash of six killings over a two-day period, with five... More >>
19 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 8:17:00 AM CDT September 24, 2018 in News
CASSVILLE (AP) — A $1.9 million renovation of a southwestern Missouri trout hatchery won't interfere with the tens of thousands... More >>
21 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 6:19:00 AM CDT September 24, 2018 in News
JEFFERSON CITY - Ameren Missouri announced a rate decrease for electric starting Monday. The Missouri Public Service Commission approved... More >>
1 day ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:28:00 AM CDT September 24, 2018 in News
Columbia, MO
Broken Clouds 68°
4am 68°
5am 68°
6am 68°
7am 68°