Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 247]

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1987]

UNIVERSITY OF I U J N O I S

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would have cast an advisory vote in the negative on this recommendation.) Special Tuition Increases, Urbana Executive MBA and Policy Economics Programs, Urbana

(8) Two academic programs at the Urbana-Champaign campus are "full cost recovery programs," ».«., all costs are met through a combination of tuition and fee charges to students. These are the Executive MBA Program and the Program in Policy Economics, both offered in the College of Commerce and Business Administration. Tuition and fee charges in each program are reviewed annually. For Fiscal Year 1988, the following actions are proposed for the Executive MBA Program: Proposed, FY 1988 FY 1986 FY 1987 FY 1988 Increase Tuition $5 900 $6 100 $6 500 $400 Fees 1 400 1 400 1 700 300 Total $7 300 $7 500 $8 200 $700 (9.3 percent) Each Executive MBA class pays the same tuition for each of the two program years. Therefore, the increase noted above will apply only to students beginning the program in FY 1988, while second-year students will pay at the FY 1987 rates which were in effect when they began the program. Thus, the rate of income growth from the proposed tuition increase will be half as large as that shown. Fees for the Executive MBA Program have not increased for the past two years, since sufficient balances were available to help cover fee-related costs. As with tuition charges, each class pays the same fees for both years of the program. Thus, from a total income perspective, under these proposed changes tuition and fee revenue will increase by 4.7 percent for FY 1988, an amount required to cover salary and cost increases for the current program. The Program in Policy Economics was begun in FY 1986. The following actions are recommended for FY 1988: Proposed, FY 1988 FY 1986 FY 1987 FY 1988 Increase Tuition $ 9 175 $ 9 175 $ 9 600 $425 Fees 2 125 2 125 2 200 75 Total $11 300 $11 300 $11 800 $500 (4.4 percent) This program represents a degree option within the M.S. in Economics and it is a special program designed for foreign and U.S. administrators. Initial start-up costs included in the first year's tuition and fee charges were not required for subsequent years, permitting FY 1987 charges to remain at FY 1986 levels. For FY 1988, an overall increase of 4.4 percent is necessary to meet salary and cost increase requirements. The chancellor at the Urbana campus has recommended the tuition and fee charges in the two programs described above, and they have been reviewed and recommended by the University Planning Council. I concur.

On motion of Mrs. Gravenhorst, these recommendations were approved. Student Fees, Chicago and Urbana (Student Service, Health Service, Computer, Health Insurance)

(9) The chancellors at each campus have recommended student fee levels for Fiscal Year 1988 to support auxiliary operations and student activities, student