Students at Lyndon State College may have to dig a little deeper into their pockets next year as it appears tuition is on the rise once again.
After going up three percent last year tuition looks as though it will be raised once again in an attempt to balance the budget.
“From the colleges standpoint based on the current projections the range it would take to balance the budget would be between six and nine percent,” said Dean of Administration Wayne Hamilton.
Last year the administration asked for a raise of about six percent to help balance the budget and received a three percent increase. The vote this year will be much earlier in the year. The VSC board of trustees will meet on Jan 19 to discuss the tuition vote and the vote will take place at Jan 27 meeting.
“I think we’re prepared to make some adjustments to the budget for next year,” said Hamilton. “I just don’t think a nine percent increase is realistic.”
In order to balance the budget last year the administration cut classes and made a few other cuts.
Tim Cappalli made a short presentation at the SGA meeting on Wednesday about the potential tuition increase. He highlighted some of the cuts that all Vermont State Colleges had to make last year because of the tuition raise. Many schools had to cut travel, positions, and management costs.
According to Cappalli’s presentation the tuition could be raised anywhere from three percent to six percent.
Projected Tuition Increase’s Undergraduate
3% 4% 5% 6%
In State $247 $329 $412 $494
Out of State $533 $710 $888 $1,066
NEBHE $370 $493 $617 $740
International $533 $710 $888 $1,066
Projected Tuition Increase’s Graduate
In State $309 $412 $515 $617
Out of State $667 $889 $1,111 $1,333
NEBHE $463 $617 $771 $925
International $679 $905 $1,131 $1,357