Post by Logan on Mar 7, 2016 19:08:39 GMT -6
Gov. Paul LePage is offering the UMaine System an additional $7.2 million in funding in exchange for freezing tuition and earmarking some funds for early college programs and scholarships.
The move comes at a time when many states are reducing their state allocations to their public colleges and universities, forcing many to raise tuition.
“The governor has made us a generous offer and we should embrace it,” said Trustee Norm Fournier, chairman of the finance committee, before the unanimous vote. “Yes, it’s a great gamble, but it’s worth the gamble.”
The UMaine system has had a tuition freeze for the last five years, compared to an average 13 percent tuition increase at public universities nationwide over the same period. In-state tuition and fees at the system flagship campus in Orono are about $10,606 per year, slightly higher than the national average of $9,410 a year. Tuition at the University of Southern Maine is about $8,000 annually.
Read more: www.pressherald.com/2016/03/07/lepage-wants-8-million-more-for-umaine-system/
The move comes at a time when many states are reducing their state allocations to their public colleges and universities, forcing many to raise tuition.
“The governor has made us a generous offer and we should embrace it,” said Trustee Norm Fournier, chairman of the finance committee, before the unanimous vote. “Yes, it’s a great gamble, but it’s worth the gamble.”
The UMaine system has had a tuition freeze for the last five years, compared to an average 13 percent tuition increase at public universities nationwide over the same period. In-state tuition and fees at the system flagship campus in Orono are about $10,606 per year, slightly higher than the national average of $9,410 a year. Tuition at the University of Southern Maine is about $8,000 annually.
Read more: www.pressherald.com/2016/03/07/lepage-wants-8-million-more-for-umaine-system/