Coastal Carolina University’s out-of-state undergraduates will be paying more for tuition this fall, as the university’s board of trustees voted Friday to raise it by 3 percent, along with other fees.
Tuition will remain the same for in-state undergraduates for the second year, but graduate students also will end up paying more.
Chairman Wyatt Henderson said the university has been able to weather the economic downturn without layoffs or furloughs, but it has to ensure it can provide the best value for its students. He said the board feels that cost-saving measures and a 3 percent improvement in the retention rate are the keys to keeping the university’s operating budget solid.
Henderson said the board will authorize the administration “to take whatever actions appropriate, whether it be to consolidate and or eliminate positions, departments, academic majors, sports or cost centers,” if they are confident those actions will improve retention, increase operational efficiencies, hold down tuition, add significant value to the degree earned or further benefit the community or state.
Tuition for full-time, out-of-state undergraduates will rise to $11,315 per semester, an increase of $330, while those in state will continue to pay $4,840. In-state graduate students will see a $20 increase per credit hour for science, education and humanities programs, and a $25 increase for those seeking master’s degrees in business administration and accountancy. Out-of-state graduate students will pay $70 more per credit hour for science, education and humanities, and $80 more for the two business programs.
The trustees also approved a $30-per-semester increase in the technology fee for out-of-state undergraduates, which is currently $40 for all undergraduates.
Stacie Bowie, CCU vice president and chief financial officer, said the increase still keeps the fee lower than would be found at other universities, such as the University of South Carolina, where it is $200 for full-time students, and the College of Charleston, which charges $85 for full-time upperclassmen.
In addition, most student housing areas will see an increase of 3 percent. The Gardens and University Place apartments will have a 5 percent increase. The meal plan will increase by 4.4 percent.
The board also wants the administration to improve the university’s operational efficiencies and find $1 million that can be cut from the budget. The board will receive recommendations at its May meeting on ways to trim athletics and administration by $250,000 each and $500,000 from academics, which includes programs and centers on campus.