Tuition costs Coastal Carolina University will increase for the 2019-2020 academic year.
On Thursday, the CCU Board of Trustees met to discuss a proposed tuition and fees increase. By a unanimous vote, tuition increased for in-state students by less than 1 percent.
Vice President of Finance David Frost said before the vote that the state capped how much tuition could increase this year. Per the law, no public university could increase tuition beyond keeping up with certain expenses or it could lose public funding.
“In the past schools have never been limited on how they can raise tuition,” Frost said. “This is the first year the state said you can only raise tuition to keep up with mandated pension costs and health care costs.”
For the 2018-2019 school year, in-state students paid $5,768 per semester in tuition. This increased to $5,820 per semester for the coming year, which is a .9 percent increase.
Out-of-state students will see a 2.8 percent increase in tuition. Last year the price was $13,324 per semester, and the new total is $13,697 for the coming year.
Frost said the out-of-state number was decided by the Higher Education Price Index that keeps up with any increased expenses a university had from year to year. It then can be used to determine how much tuition should increase to keep up with growing costs.
“We looked at the HEPI, and it was at 2.8 percent. So that’s what we went with,” Frost said. “We wanted to stay to the HEPI and try to encourage out-of-state students to come.”
Of course, these tuition numbers are the list price for attending. They do not take into account individual scholarships, financial aid or any other reduction in cost of attending a student might be eligible for.
Beyond tuition, housing and meal plans prices remained the same as last year.
While tuition costs increased, Frost said that whenever CCU manages to gets extra money from the state, it tries to return it to the in-state students in the form of a credit or rebate.
“That’s a commitment we made. When [CCU President] Dr. David DeCenzo goes to the state, he tells them if you increase my appropriation, I am going to pass it along to the kids,” Frost said. “Our big push is let the money follow the student.”