UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1992 [PAGE 502]

Caption: Board of Trustees Minutes - 1992
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490

BOARD OF TRUSTEES

[April 8

I

For Fiscal Year 1995, the following actions are proposed for the Cost Recovery Programs:

Proposed Tuition and Fees, Fiscal Year 1995 Executive MBA Program

FY 1994 $ 9 500 3 600 $13 100 Proposed, FY 1995 $10 000 4 300 $14 300 FY 1995 Increase $ 500 700 $1 200 (9.1 percent)

Tuition Fees Total

Program in Policy Economics

FY 1994 $13 270 3 220 $16 490 Proposed, FY 1995 $13 668 3 317 $16 985 FY 1995 Increase $398 97 $495 (3.0 percent)

Tuition Fees Total

Program in International Accounting

Tuition Fees Total $13 625 8 425 $22 050 $14 557 8 425 $22 982 $932 0 $932 (4.2 percent)

For the Executive MBA Program each class pays the same tuition and fee charges for each of the two program years. Thus the tuition increase recommended for FY 1995 will affect only the students in the entering class of 1995. Total tuition revenue available for FY 1995 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. The Program in Policy Economics and the Program in International Accounting are specially designed, intensive programs of study leading to a Master of Science degree in Economics or Accounting. They are intended for promising, international administrators in government and private institutions who need additional training in areas of economic analysis and quantitative techniques. Additional funds are required in FY 1995 to provide for normal cost increases.