Tuesday, March 27, 2018

Missouri Southern issues official statement on higher education budget deal

(From Southern News Service)

Statement from Missouri Southern State University regarding today’s state funding decision:

Recently, the Council on Public Higher Education (COPHE) unanimously voted to support a proposal by House Budget Committee Chair Scott Fitzpatrick to limit tuition increases in exchange for the restoration of $68 million in lost funding, which had previously been withheld by Gov. Eric Greitens. As part of this agreement, the universities will cap tuition increases at no more than 1% this fall.

Due to its status as having the lowest total funding per full-time student in the state, however, Missouri Southern State University was exempted from the agreement. This will allow the institution to increase tuition more than 1% this fall. The Board of Governors will set tuition rates for the Fall 2018 semester at their meeting in April. 

“We're funded at extraordinarily lower levels than other Missouri universities, and have been for some time,” said President Alan Marble. “While we stand united with COPHE in supporting this measure to restore funding to higher education, we are evaluating our financial options and needs as we prepare to make tuition recommendations to our board. Affordable and accessible education is part of our mission, but we must keep Missouri Southern positioned to meet the needs of our students and surrounding workforce.”

No comments:

Post a Comment