BOV Raises Tuition at Last Meeting
Posted: May 9, 2003 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
By Daniel Walsch
As expected, tuition for undergraduate and graduate students at George Mason will be going up for the 2003-04 academic year. The Board of Visitors (BOV) voted at yesterday’s meeting to raise tuition and fees as follows:
- For in-state undergraduate students: from $4,800 to $5,112 (6.5 percent)
- For in-state graduate students: from $5,388 to $5,880 (9.13 percent)
- For out-of-state students: from $14,100 to $14,952 (6.04 percent)
- For in-state law students: from $9,507 to $10,262 (7.94 percent)
- For out-of-state law students: from $19,616 to $20,412 (4.06 percent)
The BOV’s unanimous decision followed a presentation on the budget by Senior Vice President Maurice Scherrens. For 2003-04, the university’s overall budget will be $455 million, a 10.2 percent increase over the budget for 2002-03.
The education and general portion of next year’s budget is approximately $422 million. This portion of the budget will operate at approximately $10,000 per full-time equivalent (FTE) student, as compared to the FY 2001 total of $10,750 per FTE student. This difference, Scherrens reported, is a loss of $15 million in education and general funding as a result of student enrollment increases and no general fund support.
For the upcoming fiscal year, George Mason will continue to pursue four primary cost-saving strategies: improved efficiencies and effectiveness, which includes achieving a student enrollment of 28,000 students with 250 fewer faculty and staff; restructuring and position elimination, which is the result of the elimination of 23 positions; reprioritization/elimination of activities involving reallocation of work and an escalation of the university’s usual vacancy rate; and selected new allocations that include maintaining funding of George Mason’s spires of academic excellence.
In other news, it was announced that the membership terms of four BOV members expire at the end of June: Scott McGeary, Manuel Johnson, John Herrity, and Sidney Dewberry.