The East Carolina University Board of Trustees said during a telephone conference call meeting Monday afternoon that several tuition and fee increases proposals are under consideration.
The trustees reviewed three options - a 6.5% tuition increase, a 10% increase and a 12.5% increase, with 25% of the money going towards financial aide, and the rest towards faculty retention and curriculum needs.
The trustees also discussed a proposed surcharge to make up for past base-budge cuts, which would be included in the 10 and 12.5% tuition increases.
Chancellor Steve Ballard says, "Well, I think it's going to have a big impact no matter what we do. Students and parents will have to pay more, we know that. But if we don't ask for more money to make up just a small part of the money we made last year, then the quality of their experience goes down and I think the benefits they'd get from a great degree here at East Carolina would go down if we're not careful."
Ballard says the executive board will make its tuition increase recommendation to the trustees before they meet next Thursday and Friday. The trustees will then make their decision, which will be reviewed by the Board of Governors in February.
The East Carolina University Board of Trustees will meet Monday to discuss a possible tuition increase at the school.
Officials will hold a meeting to discuss tuition and fee increases for the 2012-13 school year. The fee hike would be between 6.5 to 12.5 percent. This could mean as much as a $400 increase for the upcoming academic year.
Tuition increases in the UNC system are capped at 6.5 percent, but a provision allows schools like ECU that cost less than comparable colleges to charge more.
No action by the Board is expected at this meeting. The Board is scheduled to approve tuition and fee recommendations at its regularly scheduled meeting on Dec. 2.
Also on the agenda for the conference call is a brief update on athletics conferences.
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