The board of visitors at Christopher Newport University yesterday approved a $200 mid-year tuition increase for full-time students, to make up for state budget cuts.
The increase of $16 per credit hour will generate an estimated $950,000 in additional revenue and "provide the university some revenue stability in this volatile economic climate."
Of that total, Christopher Newport will allocate $237,500 to support student financial aid for spring 2010.
Christopher Newport, located in Newport News, is just the latest Virginia school to boost tuition to cope with state budget cuts. The state's revenue shortfall is expected to reach $1.5 billion this fiscal year and $3.5 billion in the next budget biennium.
On Nov. 20, the College of William and Mary's board of visitors approved a $300 tuition increase for the spring semester, which will generate $1.9 million. That same day the University of Mary Washington board decided to charge students an extra $100 next semester, which will raise an estimated $435,000.
The State Board for Community Colleges approved a spring increase to make up for losses totaling $105 million since 2008. The increase of $7.30 per credit hour will add about $22 to the cost of a typical class.
-- Andrew Cain
Email
Facebook
Google
Twitter
Favorites
More
Advertisement