Tuition at Augusta State University will increase $58 beginning fall semester. In action by the Board of Regents at their May board meeting, tuition was increased $37 at two-year institutions, $58 at state colleges and state universities, and $135 at research universities.
“On the matter of tuition increases, I think the Regents took wise and balanced action,” says President Bloodworth. “In a state where college-going and college achievement rates are less than desired, it is important to keep tuition low and financial access high. It is also important that Georgia’s public colleges and universities have sufficient resources to provide students with high-quality learning.”
The five percent increase for four-year state and regional universities comes during a period when tuition increases nationally continue to soar. The median increase in the South last year reached 10.6 percent for four-year colleges and universities and 20 percent for two-year colleges. Georgia ranks as the 41st lowest among the 50 states in tuition costs.
“We pressed hard to keep tuition well below the double-digit mark, and our funding partners helped us achieve that goal,” Chancellor Thomas C. Meredith says. “The Governor and the General Assembly responded to our needs by fully funding the enrollment growth formula, and that allowed us to alleviate the impact of the tuition increase. We are grateful the state’s tax revenues are rebounding, and for the support we are receiving as those additional funds are redirected to higher education.”
During the 2005-2006 academic year, tuition will generate approximately $43.6 million in revenue—based on actual enrollment—to meet several goals set forth by Chancellor Meredith. Those goals include promoting admissions access and keeping tuition low to ensure affordability at the system’s two-year colleges; helping regional and state universities remain competitive; and fostering national competitiveness at the system’s four research universities.
The University System also saw its first budget increase in three years at the conclusion of the Georgia General Assembly’s 2005 session. A $1.8 billion appropriation marks the largest increase for the System in nine years.
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Last Modified: May 31, 2005 by K. Smith
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