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Caption: Board of Trustees Minutes - 1986 This is a reduced-resolution page image for fast online browsing.
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EXTRACTED TEXT FROM PAGE:
1986] UNIVERSITY OF ILLINOIS 533 For Fiscal Year 1987, the following actions are proposed for the Executive MBA Program: Proposed, FY 1986 FY 1987 Increase Tuition $5 900 $6 100 $200 Fees 1 400 1 400 0 Total $7 300 $7 500 $200 (2.7 percent) As noted, the combined increases total 2.7 percent. Since each Executive MBA class pays the same tuition for each of the two program years, and since there have been tuition increases for each of the last two entering classes, total tuition income will increase for FY 1987 due to annualization of last year's increase. Thus, an increase of $200 for the next entering class, combined with the added revenue from last year's increase, is sufficient to cover salary increases, cost increases, and program requirements for FY 1987. Recent experience has indicated that fee revenues are adequate to cover full costs of the portions of the program which they support. Thus no fee increase is proposed for FY 1987. For the Program in Policy Economics, 1 which was begun last year, no changes are recommended for FY 1987 from the tuition and fees currently in place. Those are as follow: Proposed, FY 1986 FY 1987 Increase Tuition $ 9 175 $ 9 175 0 Fees 2 125 2 125 0_ Total $11 300 $11300 0 Initial enrollment projections anticipated a total of 15 students who would complete a 10-unit academic program over the course of two semesters plus a summer session. Actual enrollment reached 29, and included 9 students whose language requirements produced a need for an additional semester of work, thereby requiring greater program support than originally anticipated. The program has now reached a level of stability and does not require some of the initial startup costs of earlier years. Tuition and fee income at current rates will be adequate to cover all FY 1987 program needs. The chancellor at the Urbana campus has recommended the tuition and fee charges for FY 1987 noted above. I concur. Doctor of Pharmacy Continuation Curriculum, Chicago The continuation curriculum is designed for pharmacists with a baccalaureate in pharmacy who wish to complete the requirements for the Doctor of Pharmacy (Pharm.D.) degree, now considered the entry-level professional degree. T h e program will be offered for the first time beginning Summer Quarter 1986 with an entering class of 45 full-time students. Courses are being developed with a selfinstructional format to permit in future years part-time attendance for students with regular full-time employment. Required clerkship courses in clinical settings then will be available at sites throughout Illinois. Since the curriculum provides a special service to graduates of colleges and schools of pharmacy, it is intended that the University receive a larger percentage of the full direct costs of the instruction than is the case for on-campus programs. Therefore, an annual tuition rate of $3,000 (or $750 per quarter), effective with the Summer Quarter 1986, is recommended in addition to the usual assessment for other required general fees. At this level, tuition will recover approximately twothirds of recurring program costs. 1 An option under the M.S. in Economics, a special program designed for foreign and U.S. administrators.
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