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BOARD APPROVES TUITION INCREASE; FY 2010 BUDGET PRIORITIES

6/17/2008 - Jackson, Miss.

During its regular monthly meeting, the Board of Trustees of State Institutions of Higher Learning (IHL) approved resident tuition increases ranging from $157 to $214 per year to help offset inflationary costs and an increase in state funding of only 1.2 percent for the upcoming fiscal year.
 
The following annual resident tuition increases were approved by the Board today:
Alcorn State University: $175 (4.0%) increase to $4,498 annually
Delta State University: $201 (4.7%) increase to $4,449 annually
Jackson State University: $157 (3.5%) increase to $4,634 annually
Mississippi State University: $172 (3.5%) increase to $5,150 annually
Mississippi University for Women: $214 (5.1%) increase to $4,423 annually
Mississippi Valley State University: $158 (3.6%) increase to $4,575 annually
University of Mississippi: $173 (3.5%) increase to $5,107 annually
University of Southern Mississippi: $181 (3.7%) increase to $5,096 annually
 
The Board also approved non-resident and professional tuition as well as room and board increases. Detailed information can be viewed as a PowerPoint Presentation or an Adobe PDF.

In addition, the Board approved the FY 2009 operating budget and the FY 2010 budget priorities for the legislative appropriation funding request. The FY 2010 budget priorities include an 18 percent increase in classroom instruction; and a 33 percent increase in student financial aid, including $5 million earmarked for community and junior college transfer assistance scholarships. The FY 2010 budget priorities also include increases for health care and agriculture, both critical to our state, with a 26 percent increase to the University of Mississippi Medical Center and an 11 percent increase to Mississippi's agriculture programs. In addition, the Board approved a 55 percent increase for its institutes and centers. Details can be viewed as a PowerPoint Presentation or an Adobe PDF.

In other news, at the Commissioner's recommendation, the Board approved the use of Greenwood/Asher & Associates, Inc. as the search consultant for the current Mississippi Valley State University presidential search.
 
The Board's next regular monthly meeting on Wednesday, July 16, 2008, is subject to call.

Under the leadership of the Board of Trustees, IHL governs the public universities in Mississippi, including Alcorn State University; Delta State University; Jackson State University; Mississippi State University including the Mississippi State University Division of Agriculture, Forestry and Veterinary Medicine; Mississippi University for Women; Mississippi Valley State University; the University of Mississippi including the University of Mississippi Medical Center; and the University of Southern Mississippi.

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