Tuition Increase Likely For UM System

7 years 9 months 3 days ago Friday, January 14 2011 Jan 14, 2011 Friday, January 14, 2011 5:54:25 PM CST January 14, 2011 in News
KANSAS CITY - University of Missouri administrators said Friday they will work to protect UM's brand and quality without threatening accessibility. But all agreed a tuition hike is likely. The university faces a projected funding gap of $64.4 million. That projection includes benefits, an expected 5 percent cut in state appropriations, utility rates and other fixed costs. MU Chancellor Brady Deaton said some students bypass MU because tuition isn't high enough. He says for many, cost equals quality.

A decision on tuition is likely to come at the UM Board of Curators meeting on January 27th-28th. This year's discussion on tuition comes early because any tuition increase exceeding the consumer price index of 1.5 percent must be granted approval by the Commissioner of Higher Education.

This year is unique because system administrators from all four University of Missouri campuses will bring different tuition proposals for each individual school. Vice President of Finance and Administration Nancy Krawitz said the university is hoping to keep the tuition hike below 10 percent. An increase of 10 percent would generate $44 million, which would leave the funding gap still greater than $20 million. 

Each Chancellor spoke at the morning meeting. Krawitz said she's not worried about the system staying competitive because it has several price points.

The University of Missouri System has not raised tuition in two years, despite taking a 5 percent cut in state funding this academic year. The UM System ranks at the bottom of all AAU public institutions when it comes to average faculty salaries.

More News

Grid
List
COLUMBIA - Issues like Proposition D, Vision Zero and more were discussed at Thursday night's Transportation Committee Meeting in Columbia.... More >>
2 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 7:31:00 PM CDT October 18, 2018 in News
MEXICO - October is domestic violence awareness month and businesses across Mexico are showing their support for survivors by decorating... More >>
3 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 6:02:00 PM CDT October 18, 2018 in News
ST. LOUIS - Democratic Sen. Claire McCaskill and her Republican opponent, Josh Hawley, are hoping for a debate win tonight... More >>
4 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 5:43:00 PM CDT October 18, 2018 in News
KANSAS CITY, Kan. — The Latest on the trial of two maintenance workers charged with misleading investigators after a 10-year-old... More >>
4 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 5:09:00 PM CDT October 18, 2018 in News
COLUMBIA - Hundreds of people gathered for the grand opening of CenterPointe Hospital on International Drive Thursday. Governor Mike... More >>
6 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:42:00 PM CDT October 18, 2018 in News
JEFFERSON CITY - The influence of lower prices and convenience are affecting the way millennials approach primary care, according to... More >>
6 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:38:00 PM CDT October 18, 2018 in News
COLUMBIA - MU honored Dr. George Smith, the first Nobel Prize winner in university history, with a reserved space to... More >>
6 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:30:00 PM CDT October 18, 2018 in News
MOBERLY - Police arrested a man Wednesday after a search warrant led to finding five gallon-sized bags of marijuana. ... More >>
6 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:08:00 PM CDT October 18, 2018 in News
COLUMBIA - State House of Representative candidates talked public transportation and education, amongst other things, at a disability issues forum... More >>
7 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 2:00:00 PM CDT October 18, 2018 in News
COLUMBIA - Officers have arrested one man after a home invasion Wednesday night, but are still looking for a second... More >>
7 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 1:58:00 PM CDT October 18, 2018 in News
KANSAS CITY, Kan. (AP) — Jurors on Thursday began deliberating the case of two Kansas water park maintenance workers accused... More >>
9 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 12:39:00 PM CDT October 18, 2018 in News
KANSAS CITY, Mo. (AP) — Authorities say a man who was in a wheelchair has been found dead in a... More >>
10 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 10:52:34 AM CDT October 18, 2018 in News
ST. LOUIS (AP) — Authorities say a St. Louis police officer has shot and wounded a suspect during a struggle... More >>
10 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 10:48:28 AM CDT October 18, 2018 in News
HOUSE SPRINGS, Mo. (AP) — Authorities say it appears that a man was killed after his car fell on top... More >>
11 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 10:35:41 AM CDT October 18, 2018 in News
COLUMBIA – The National Rifle Association is backing Republican Senate candidate Josh Hawley while claiming Senator Claire McCaskill will take... More >>
11 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 9:54:00 AM CDT October 18, 2018 in Target 8
(CNN) -- The former head of USA Gymnastics has been accused of removing documents linked to the Larry Nassar sexual... More >>
12 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 8:56:00 AM CDT October 18, 2018 in News
LAKE OF THE OZARKS - A 78-year-old Fenton man drowned Wednesday afternoon at Lake of the Ozarks. The incident... More >>
14 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 7:39:00 AM CDT October 18, 2018 in News
COLUMBIA - Centerpointe Hospital is opening a new location on International Drive in Columbia. The Tennessee-based company has one... More >>
14 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 6:55:00 AM CDT October 18, 2018 in News
Columbia, MO
Broken Clouds 51°
10pm 48°
11pm 47°
12am 45°
1am 44°