Monday, May 16, 2011

Board of Regents approves tuition increase

Southeast Missouri State University’s Board of Regents approved a student tuition increase for the upcoming academic year.

The 4.8% increase will amount to about ten dollars more per credit hour.

The tuition increase comes after the Missouri legislature approved a budget for Fiscal Year 2012 that included a 5.8% funding reduction for higher education. The budget awaits the Governor Jay Nixon’s signature.

Despite Southeast’s recent budget cuts and the tuition increase, Southeast will have to cut spending by 5% in the coming fiscal year as well.

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