UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1994 [PAGE 444]

Caption: Board of Trustees Minutes - 1994
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432

BOARD OF TRUSTEES

[November 9

University of Illinois at Urbana-Champaign4

FY Undergraduate $3 Graduate 3 5 MBA 7 Law 5 Veterinary Medicine . . 6 Non-Resident Freshmen 8 Other Graduate.... 8 1996 000 420 500 000 370 172 172 Regular Increase $150 (5.0%) 170 (5.0%) 170 (2.3%) 250 (5.0%) 320 (5.0%) 408 (5.0%) 408 (5.0%) Special Increase FY $3 3 9 5 7 1997 150 590 090 750 360

$1 420 (18.9%) 500 (10.0%) 670 (10.5%) 870 (10.6%)

9 450 8 580

Note: 4. Engineering, chemistry, and life science students will pay an additional $500; students in fine and applied arts will pay an additional $200 at tne lower division and $400 at the upper division. 5. The MBA rates represent a one-time correction to the base plus an adjusted final increment of the three-year special increase. After FY 1997, the MBA rate will be the graduate rate plus the fully implemented, stable $5,500 differential.

Tuition and Fee Increases, Cost Recovery, Extramural, and Aviation Programs, Urbana

(6) The Urbana-Champaign campus provides several academic programs on a "full cost recovery" basis, i.e., all costs are met through a combination of tuition and fee charges. 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. I For Fiscal Year 1997, the following actions are proposed for the Cost Recovery Programs:

Proposed Tuition and Fees, FY 1997

Executive MBA Program FY 1996 $10 350 4 850 $15 200 Program in Policy Economics $14 146 3 350 Proposed, FY 1997 $11 000 5 500 $16 500 FY 1997 Increase $ 650 650 $1 300 8.6% $424 67

Tuition Fees Total

Tuition Fees

$14 570 3 417

Total

$17 496

Master of Science in Finance $13 705 7 295 $21 000

$17 987

$491 2.8%

$ 548 452

Tuition Fees Total

$14 253 7 747 $22 000

$1 000 4.8%