MORGANTOWN, W.Va. — The West Virginia University Board of Governors approved a series of tuition and fee increases Friday during a meeting in Morgantown. The increases are significantly lower than previous years.
The BOG gave its okay to a $60, or 1.36 percent, per semester increase for in-state undergraduate students and $180, 1.44 percent, for out-of-state students. The exact increases will vary by college but will not top 1.8 percent, according to WVU officials.
WVU President Gordon Gee said WVU is aware of the strain increasing costs can put on students and their families.
“While we are not able to hold tuition flat, our leaders did an outstanding job of coming in at a very small number to maintain the University’s position as one of the best values in the country,” Gee said.
The increases will put the annual tuition and fees for an in-state student at WVU in Morgantown at just under $9,000.
WVU raised tuition by more than 5.5 percent for both in-state and out-of-state students last year. Friday’s approval is the lowest increase since a 1.9 percent hike in the 2010-2011 academic year.
Tuition is also going up for graduate students on the Morgantown campus including a $72 hike per semester for in-state students and $189 for out-of-state.
The university also announced plans to increase financial aid to students by 4 percent that will include an 8 percent increase in aid financed by the university itself.
Tuition increases will also impact WVU Tech in Beckley ($48 and $102 per semester) and Potomac State in Keyser ($24-$60 and $84-$96 per semester). Nursing students at Tech will see the most significant increase at 8.25 percent or $370 a semester. WVU officials said the increase will align them with what nursing students pay in Morgantown and Keyser.
In addition, the WVU Board of Governors voted Friday to increase residence hall rates by approximately three percent. The university’s meal plan is also changing to include what officials are calling “anytime dining’ allowing for smaller meals more often.
The board of governors is scheduled to vote on WVU’s next fiscal year budget at its June meeting. The board plans to reduce salaries, benefits and supplies by $14.8 million.
“We will work to realign expenses and implement strategic budget initiatives to meet the target reduction, i.e. through attrition, not filling vacancies, and other reductions in expenses,”Vice President and Chief Financial Officer Paula Congelio told the board. “WVU continues to explore and implement many other strategies and tactics to keep overall costs low so that any tuition/fee increase is as low as possible and to allow for additional investment toward strategic priorities in teaching, research, and service at the University.
“We also must continue to look at other ways to make higher education more affordable through continued efforts to add predictability to the costs of obtaining a degree,” she said.