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Regents Approve Tuition, Fee Increase At Southeast Missouri [Education News]

Financing May 2018
Southeast Missouri State University's tuition and fees will increase in the fall in response to reduced state funding for universities. The Board of Regents on Friday approved a 2.1 percent increase in tuition, but waived all but 1 percent while leaving open the possibility of another increase. The Southeast Missourian reports Gov. Eric Greitens' announced budget for fiscal year 2019 would reduce funding for Southeast Missouri by $6.3 million.

CAPE GIRARDEAU, Mo. (AP) — Southeast Missouri State University's tuition and fees will increase in the fall in response to reduced state funding for universities.

The Board of Regents on Friday approved a 2.1 percent increase in tuition, but waived all but 1 percent while leaving open the possibility of another increase.

The Southeast Missourian reports Gov. Eric Greitens' announced budget for fiscal year 2019 would reduce funding for Southeast Missouri by $6.3 million.

However, the Missouri Legislature has passed a budget that wouldn't cut university funding, if the university doesn't raise tuition by more than 1 percent.

The governor has until June 30 to sign or reject the budget.

For a full-time student taking 12 credit hours, the tuition increase would add $93 to their bills.

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Information from: Southeast Missourian, http://www.semissourian.com

 

Photo Courtesy of Southeast Missouri State University's Facebook Page

 

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