Home arrow News arrow New River Trail Extension project

New River Trail Extension project PDF Print E-mail
The Southwest Times

http://www.southwesttimes.com//news.php?id=994

College Tuition, Fees Could more than double

Wednesday, November 07, 2007

Associated Press

RICHMOND, Va. (AP) — Tuition and fees for in-state students at two of the state’s largest schools could more than double without an increase in state funding, according to documents filed with the State Council of Higher Education for Virginia.

Tuition and fees for in-state students at the University of Virginia could rise from $6,821 in 2007-08 to as much as $13,931 in 2013-14.
Four years later, tuition and fees could reach $17,578, according to the documents, which detail the worst-case scenario should General Assembly not increase its share of the school’s funding.
The report says out-of-state students also could see the cost of tuition and fees more than double from $26,071 in 2007-08 to $53,497 in 2017-18.
At Virginia Tech, in-state tuition and fees could swell from $6,160 this academic year to as much as $13,946 in 2013-14.
The information is included in the schools’ updated six-year plans. School officials are required to file the plan with SCHEV every two years as part of the state’s restructuring of higher education, in which the state’s biggest schools receive more autonomy in exchange for fewer state resources.
The plans project what would happen without an increase in state money, as well as with an increase. The amount of state funding each school receives varies from campus to campus.
‘‘In the six-year plan, we pretty much give the worst-case scenario and the best-case scenario,’’ said Colette Sheehy, vice president for management and budget at U.Va. ‘‘In reality, it’ll probably fall somewhere in between the two.’’
If it received state funding, U.Va. projects tuition for in-state students would reach a more conservative $12,410 in 2017-18. Out-of-state students would pay $40,733.
It remains to be seen just how much money lawmakers will earmark for state institutions, but officials are optimistic.
‘‘There will be continued growth in state funding for higher ed,’’ said retiring state Sen. H. Russell Potts Jr., R-Winchester, chairman of the Senate Education and Health Committee.

In April, U.Va.’s board of visitors voted to raise in-state undergraduate tuition 8.3 percent for the 2007-08 school year. The board also voted to increase out-of-state tuition 7 percent.
In March, Tech officials voted to increase in-state undergraduate tuition and fees 6 percent for the 2007-2008 school year. They voted to raise the rates from $19,049 to $19,775 for nonresidents.

Advertisement