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Tuition and Fee Proposed Changes

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

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Tuition and Fee Proposed Changes

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  1. Tuition and Fee Proposed Changes Academic Years 2011 and 2012

  2. 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 • Cap is net of mandatory fees increased by student referenda

  3. Proposed Fee Changes 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

  4. Proposed Fee Changes Mandatory Fee Increases • Medical Services Fee +10% over 2 years Students 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)

  5. Proposed Fee Changes 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

  6. Proposed Tuition Rates • 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

  7. Changes to Total Academic Costs FY 2011 FY 2012 (30/SCH) (30/SCH) Tuition Statutory $ 1,500 $ 1,500 Designated 3,953 4,283 Mandatory Fees 2,440 2,490 Est. College/Course Fees 518 518 TOTAL $ 8,410 $ 8,791 +$365 (4.5%) +$381 (4.5%) No incidental college/course fees will be increased

  8. Board of Regents Approval Pending • 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

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