RESPONSE TO PROPOSED INCREASES TO UA TUITION FOR ACADEMIC YEARS AND Coalition of Student Leaders
History of Tuition Increases Cost Per 3 Credit Class AY AY Change over 10 Years Lower Division$237$462$225 (95%) Upper Division$270$561$291 (108%)
UA President’s Proposal Cost Per 3 Credit Class AY Revision AY #1AY #2 Lower Division$486$534$543 Upper Division$561$618$627 Change from AY Lower $24$72$81 Change from AY Upper N/A$57$66 Percent Increased Lower Division revised to 10% 10%12%
The Cost To Students Annual Cost Difference from AY10-11 AY With Revision AY Option 1 AY Option 2 Lower Division$45$93$102 Upper Division$51$108$117 Total Change Annually 1 $480$1,005$1,095 Cost of One Year With Stafford Loan 2 $583$1,221$1,330 1 Based on 15 Lower and 15 Upper division credits per year 2 Based on 4% APR
Our Proposal, part 1 No Revision for AY11-12 Maintains trust with students and the tradition of setting tuition 2 years out 2 year window keeps students secure and able to plan ahead Changing the AY11-12 rates now will change the cost outlook for students less than one year out
Our Proposal, part 2 Increase 7% for AY12-13 7% fits with the trend since 2000 Alaska’s CPI for the first half of 2010 was 2.5% The 2010 Higher Education Price Index was 0.9% 7% will generate considerable revenue while keeping costs within reasonable boundaries
Comparison Current Our Proposal Administration's Proposal Academic Year Increases by % +5% Lower, +10% Upper7%12% Lower Division Class$462$495$543 Upper Division Class$561$600$627 Under our proposal students would save $48 for each lower division class and $27 for each upper division class, or $375 for the year.
Summary of Our Proposal No revision of AY11-12 tuition Do not abandon the tradition of trust with students Increase no more than 7% for AY12-13 Do not break the trend Students have absorbed over a decade of tuition increases. We understand the desire for continued increases. We want a reasonable solution that we can handle.
BoR Meeting Result No revision of AY11-12 tuition Tradition of trust with students was maintained AY12-13 increase delayed Will be voted on during the December meeting.
Post BoR Activity UA Task Force on Tuition and Affordability Composed of 11 members (one student) Meeting weekly Making a recommendation to President Gamble in November