BOV Approves $192 Tuition Surcharge for Spring 2003
Posted: October 25, 2002 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
At its first formal gathering since Gov. Mark Warner’s decision to reduce George Mason’s budget by 10.1 percent ($9.5 million), the Board of Visitors (BOV) met yesterday to decide how best to deal with these cuts. As a result, a $192 per full-time student tuition surcharge that will generate $3.3 million in revenue goes into effect spring 2003. The BOV also agreed to $6.2 million in cuts.
“This was a very difficult decision for the board as we are sensitive to the needs and concerns of our students,” said BOV Rector Edwin Meese. “At the same time, it is vital that we do what we can to maintain the high quality of our institution and not compromise the great progress we have made over the past few years.”
The BOV’s next regularly scheduled meeting is set for Nov. 21. At this time it will begin discussing ways to counter the 12.1 percent ($12 million) in cuts that Warner recommended for FY 2003-04.