{"id":26469,"date":"2017-04-13T13:46:24","date_gmt":"2017-04-13T19:46:24","guid":{"rendered":"http:\/\/communique.uccs.edu\/?p=26469"},"modified":"2017-04-13T17:18:01","modified_gmt":"2017-04-13T23:18:01","slug":"board-continues-budget-review-approving-tuition-rates-for-next-year","status":"publish","type":"post","link":"https:\/\/communique.uccs.edu\/?p=26469","title":{"rendered":"Board continues budget review, approves tuition rates for next year"},"content":{"rendered":"
\"\"<\/a>
CU Board of Regents<\/figcaption><\/figure>\n

While awaiting final approval from the General Assembly for the state\u2019s 2017-18 budget, the CU Board of Regents continues to advance CU\u2019s proposed budget for the coming fiscal year.<\/p>\n

On April 7, during the second of its two days meeting at CU Denver, the board approved proposed salary increases for faculty and staff .<\/p>\n

The board also approved proposed increases in tuition. For resident undergraduates, rates will rise 3.18 percent at CU Denver, 3.99 percent at UCCS and 4.91 percent at CU Boulder (for incoming freshmen and transfer students). Continuing students at CU Boulder won\u2019t see an increase, because of the guaranteed tuition structure introduced last year.<\/p>\n

To assist students in calculating their bills, the UCCS Bursar’s Office prepared an online bill estimator<\/a>\u00a0for 2017-2018 tuition and fees. Students may enter the number of hours in which they expect to enroll next fall and receive an estimate of tuition and fees.<\/p><\/blockquote>\n

While the compensation and tuition votes were unanimous, other budget matters brought to the board by Todd Saliman, vice president and chief financial officer, were approved with mixed support.<\/p>\n

Higher-than-expected enrollment at CU Boulder and UCCS led to revenue that exceeded budgets. Campuses must seek board approval when wishing to spend overages greater than 1.5 percent.<\/p>\n

UCCS sought approval to spend $4.1 million, or 2.98 percent above its 2016-17 revenue budget, for salaries, benefit, financial aid and general operations. CU Boulder\u2019s revenue increase of .93 percent did not meet the 1.5 percent threshold, but the campus still sought approval for adjusting its budget and spending the $7.1 million in additional revenue. The campus reported the overage would support enrollment growth, information technology infrastructure, human resources and increases in insurance premiums.<\/p>\n

While both items were passed, Regents John Carson, Heidi Ganahl and Irene Griego voted against them.<\/p>\n

\u201cI feel like, when we have additional money over the budget, it ought to go directly into reducing tuition,\u201d said Carson, R-Highlands Ranch. \u201cI\u2019m still not satisfied that we have gotten enough of a handle on tuition. \u2026 The middle class is just getting hammered by constant increases in tuition. We\u2019ve got to get the budget growing slower than it is.\u201d<\/p>\n

Ganahl, R-Superior, said she hopes to see \u201cinnovation and new ways of thinking\u201d to lower costs. \u201cOne thing I heard loud and clear on the campaign trail last year was that college is too damn expensive for everybody.\u201d<\/p>\n

Regent Glen Gallegos, R-Grand Junction, said he agrees that the current model is unsustainable and that some students are being priced out of higher education. But he said he wouldn\u2019t vote against the spending items, partly because CU and other state institutions of higher education are disadvantaged by subpar state funding.<\/p>\n

Finally, the board approved increases in student fees: for full-time students at CU Boulder, $75.10; CU Denver, $37; and UCCS,$8. The vote was 7-2, with Carson and Regent Sue Sharkey, R-Castle Rock, voting no.<\/p>\n

Sharkey said that while she shares board members\u2019 concerns about rising tuition and college affordability, she encouraged colleagues to take a closer look at fees that might result in \u201cstudents paying for things they do not use.\u201d Regent Jack Kroll, D-Denver, a former student government leader at CU, said he supports the student volunteers who \u201cmake sure they\u2019re spending the students\u2019 money wisely.\u201d<\/p>\n

When combined, tuition and fees for resident undergraduates will increase 3.14 percent at CU Denver and 3.43 percent at UCCS. While continuing students at CU Boulder won\u2019t see an increase, the rate will be 4.82 percent higher than last year for incoming freshmen and transfers.<\/p>\n

The final CU budget for 2017-2018 will be voted on by the board at its June meeting at UCCS.<\/p>\n","protected":false},"excerpt":{"rendered":"

While awaiting final approval from the General Assembly for the state\u2019s 2017-18 budget, the CU Board of Regents continues to advance CU\u2019s proposed budget for the coming fiscal year. (More)<\/a><\/p>\n<\/div>","protected":false},"author":18,"featured_media":26467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-26469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all"],"jetpack_featured_media_url":"https:\/\/communique.uccs.edu\/wp-content\/uploads\/2017\/04\/cu-regents_web.png","jetpack_shortlink":"https:\/\/wp.me\/p1mBpJ-6SV","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts\/26469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26469"}],"version-history":[{"count":5,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts\/26469\/revisions"}],"predecessor-version":[{"id":26512,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts\/26469\/revisions\/26512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=\/wp\/v2\/media\/26467"}],"wp:attachment":[{"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/communique.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}