Tuesday, Jul 29, 2014
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University of Missouri Curators approve tuition freeze

5 months, 3 weeks ago From stlpublicradio.org

From From stlpublicradio.org:

Tuition for resident undergraduate students at the four campuses of the University of Missouri will remain flat for the coming school year after a unanimous vote by the Board of Curators Wednesday.

Meeting in Columbia, the curators went along unanimously with a recommendation by university President Tim Wolfe. He in turn was agreeing with a wish expressed by Gov. Jay Nixon last week in his State of the State address.

In his speech, Nixon said that in exchange for an additional $100 million for the state’s public colleges and universities, the schools should freeze their tuition for the 2014-15 school year. The $100 million includes $22 million for students in the so-called STEM subjects – science, technology, engineering and math.

At the curators’ meeting in Columbia, Tom Richards, the university system’s interim vice president for finance, said that a 1.5 percent tuition increase that was discussed by the curators in St. Louis in November would have resulted in an increase in revenue of $9.7 million.

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