The Board of Visitors voted Thursday to eliminate the differences between tuition for in-state and out-of-state students for two specialized graduate programs within the Commerce School and Engineering School for the 2010-11 academic year. The Board also approved tuition increases for the Post-Baccalaureate Pre-Medical Certificate program, where the two rates will remain different, and the Master's of Business Administration for Executives program, where they were already the same and will remain so.
The tuition for all students in the Master's in Systems Engineering program will change to $35,000, an increase from $34,000 for in-state students and decrease from $39,000 for out-of-state students. The Master's in Managing Information Technology program will have a tuition rate of $38,500, increasing from $37,000 for in-state students and decreasing from $42,000 for out-of-state students.
The Executive MBA program, meanwhile, will see both its in-state and out-of-state tuition increase from $109,000 to $115,500, and the Post-Baccalaureate Pre-Medical Certificate program's tuition will increase from $23,500 to $23,700 for in-state students and from $28,500 to $28,700 for out-of-state students.
The changes are a result of the programs' financial situations because they do not receive any funding from the state.\n"When the cost of operation goes up, the tuition must go up," said Leonard Sandridge, executive vice president and chief operating officer.
Although the University wants to continue offering these degrees and certificates, state officials do not want to divert funds from the University's main undergraduate and graduate programs.
According to their proposal to the Board, the officials overseeing these specialized programs hope that the changes will help recruit out-of-state students for these self-supporting programs.
The increase for the Executive MBA program also resulted partly from a comprehensive analysis, according to the proposal. Officials examined competitive trends among peer programs, market information on price as a driver of applicant behavior and instructional delivery cost.
Although many of the programs' tuition and fee rates are increasing, they were already relatively high because of several factors, Sandridge said.
"Students are expected to fully pay for direct and indirect costs of the institution, such as books, materials, software, food and lodging when appropriate," he said.
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