CONWAY — Coastal Carolina University wants to get $3 million from the state to avoid needing to raise in-state tuition for 2014-15, pending approval for the request Friday from the university’s board of trustees..
The additional money would allow CCU to hold in-state costs steady for a third straight year, Stacie Bowie, vice president and chief financial officer, told the university’s Finance, Planning and Facilities committee on Thursday. Committee members voted to advance their request for state money to the full board.
The outcome of such an allocation request usually isn’t known until around June, Bowie said.
However, Bowie said, trustees still can expect a request for an in-state tuition increase during the budget process so that financial aid can be calculated based on a worst-case cost scenario..
Tuition for full-time, in-state students this year is $4,840 per semester.
President David DeCenzo said in-state tuition increases are “whatever we’re told [by the state] we’re allowed to do.” For example, the state allowed in-state tuition increases up to 3.16 percent for 2013-14. The administration does plan to request a tuition increase for out-of-state students for next fall, according to information from the university. Tuition for full-time, out-of-state students is $11,315 per semester, an increase of 3 percent from last year.
Contact VICKI GROOMS at 443-2401 or follow her at Twitter.com/TSN_VickiGrooms.