CAPE GIRARDEAU, Mo., May 8, 2015 – The Southeast Missouri State University Board of Regents today set a tuition and fee schedule for the main and regional campuses to take effect with the fall 2015 semester.
The Board approved a slight increase to tuition charged to in-state undergraduates of $1.75 per credit hour.
When combined, total per credit hour tuition and general fees charged to students beginning in fall 2015 will be $233 for Missouri resident undergraduates, $412.50 for non-resident undergraduates, $294.50 for resident graduate students; and $520.50 for non-resident graduate students. Students at Southeast’s regional campuses will only pay $150 for lower division courses.
Kathy Mangels, vice president for finance and administration, said Southeast’s Student Government endorsed this fee schedule at their April 27 meeting.
Based on the new rate schedule, Southeast’s tuition will remain lower than almost every comparable university. Southeast’s tuition of $199.30 per credit hour for fiscal 2016 will be less than the University of Missouri-Columbia’s rate of $276.20, Missouri State University’s rate of $205 and Murray State University’s rate of $273.
The minimal fee increase was recommended as result of the university’s budget planning process for fiscal year 2016. Tuition revenue is just one of several sources of revenue considered in the budget process, including state appropriations. While the state legislative process has not indicated a definitive funding level for higher education at this point, the University’s Budget Review Committee worked from the assumption of a 1.43 percent increase in state appropriations for fiscal 2016. This equates to a $669,042 increase for Southeast. Mangels said Southeast met all five of the performance funding indicators established by the Missouri Department of Higher Education for the fiscal 2016 appropriations process. The recommended appropriation for Southeast includes additional funding that recognizes the significant enrollment increase realized over the last several years.
Regents Reduce, Implement Special Course Fees on High Cost Programs
In related action, the Board of Regents considered special course fees on academic programs that have higher than average cost to deliver. The Board approved a reduction in the existing special course fee on undergraduate courses in athletic training, computer science and nursing from $30 to $20 per credit hour.
“While these programs still meet the criteria of a high cost program, their cost to deliver per student credit hour has declined by an average of 39 percent since they were implemented, Mangels said. “As an institution we continually evaluate our fees and we determined it was appropriate to reduce this fee based on current data.”
The Board also implemented a $20 per credit hour special course fee on three additional high cost programs – theatre and dance, music and nine core courses for the business administration degree. In addition, the Regents increased the special course fee on private music lesson courses to $125 per credit hour, all effective with the fall 2015 semester. These fees will generate about $298,000 in new revenue needed to balance the University’s general operating budget, Mangels said.
The University’s Budget Review Committee has defined a high cost program as one in which the average cost per student credit hour is 150 percent or more of the University average for all undergraduate programs. The average cost per student credit hour for all undergraduate academic programs is $141 per credit hour.
Regents Adopt, Modify Additional Special Course Fees
The Regents today also removed an existing $10 special course fee on 13 courses in the Department of Polytechnic Studies that have been phased out or no longer use large volumes of consumable supplies. The Board also moved a previously approved course fee from two courses in Polytechnic Studies and Human Environmental Studies to their new course name and accompanying course number.
The Regents also approved assessing new course fees on four summer workshop courses offered by the Department of Art. The fee will help offset the cost of specialized materials purchased by the department for use by students.
In addition, the Board assessed special course fees on 13 includED courses. includED provides students with a single sign-on to access the University’s learning management system (Moodle) and their electronic course materials. It eliminates the need for students to visit Southeast Bookstore to buy a code for an e-text and ensures faculty members that all students will have access to course materials on the first day of class. This also makes the cost eligible for financial aid and inclusion in payment plans, Mangels said. The special course fee is equal to or less than the cost of purchasing a physical code through the Bookstore.