March 20-21, 2003

 

ITEM 118-108-R0303����������������� Establishment of Summer Semester Tuition Rates; Montana University System

 

THAT:�������������������������������������� The Board of Regents of Higher Education authorizes the campuses of the Montana University System to establish summer semester, 2003 (FY04), tuition rates at a level of up to 6% above the 2003 spring semester (FY03) rates without the surcharge with certain exceptions.� Tuition rates at the colleges of technology, lower division tuition at UM-Western, and lower division tuition at MSU-Northern are excluded from this authorization and these tuition rates shall remain at the spring semester, 2003, tuition rates.

 

EXPLANATION:����������������������� Final FY04 tuition rates cannot be established until completion of the 2003 Legislative Session when state appropriations are determined.� However, this is too late for the campuses to implement new tuition rates for summer semester, 2003, which is the first semester in FY04.�� Without this interim increase for summer semester, 2003 (FY04), campuses will have to forego any revenue increases associated with summer semester for the fiscal year.� This item will continue tuition increases for summer semester similar to the increases implemented the last two fiscal years.� It is anticipated that final tuition levels for fall and spring semester (FY04) will be established at the May, 2003, meeting of the Board of Regents when state appropriations for FY04 have been established by the 2003 Legislature.