Caption: Board of Trustees Minutes - 1990
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1991] Course Aviation Aviation Aviation Aviation 280 291 292 293 UNIVERSITY OF ILLINOIS Proposed, FY 1992 1 451 00 1 548 00 850 00 620 00 237 Percent Increase 4.2 4.2 9.4 5.1 FY 1991 1 392 80 1 485 00 777 00 590 00 These changes have been reviewed and recommended by the University Planning Council, the chancellor at Urbana, and the vice president for academic affairs. I recommend approval. On motion of Mr. Grabowski, these recommendations were approved. Tuition and Fee Increases, Cost Recovery Programs, Urbana (14) T h e Urbana-Champaign campus provides several academic programs on a "full costs recovery" basis, i.e., all costs are met through a combination of tuition and fee charges. All of the programs are offered through the College of Commerce and Business Administration and include the Executive MBA Program, the Program in Policy Economics, and the International Program in Accountancy. Tuition and fee requirements for each of these programs are reviewed and adjusted annually, to ensure that adequate revenues are available to operate each program. T h e Executive MBA Program offers advanced management education and training to practicing managers without interrupting their daily work responsibility. Candidates for the program come from national and international corporations, state government, small businesses, and nonprofit organizations. Participants in the program are fulltime managers with extensive (ten years or more) managerial experience who rank in the middle to upper levels of their organizations. Many participants are sponsored in the program by their employers. Participants attend an initial one-week class session, after which classes meet on alternate Fridays and Saturdays throughout the academic year. Optional summer workshops are available and weekly evening study sessions are organized throughout the State. For Fiscal Year 1992, the following actions are proposed for the Executive MBA Program: FY 1990 $7 100 2 500 $9 600 FY 1991 $ 7 500 2 800 $10 800 Proposed, FY 1992 $ 8 200 3 000 $11 200 FY 1992 Increase $700 200 $900 (8.3 percent) Tuition Fees Total Each class pays the same tuition and fee charges for each of the two program years. Thus the tuition increase recommended for FY 1992 will affect only the students in the first year. Total tuition revenue available for FY 1992 will be sufficient to cover projected academic program costs. Fee increases are required to maintain the current level of service for fee-supported activities. These include: housing and meal costs, books and materials, special orientation programs for beginning students, a variety of special travel and speaker series, and computer-related services. T h e Program in Policy Economics was established in 1986. T h e tuition and fee actions proposed for FY 1992 are as follows:
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