BOT approves tuition increase for out-of-state students
The USF Board of Trustees approved a 2.5 percent increase in tuition for out-of-state students Thursday.
The increase will be added to the tuition increase that the Florida Legislature approved in the spring — 7.5 percent for in-state undergraduates and 12.5 for all others.
Dick Beard, BOT chairman, said the decision was 2.5 or nothing else and that increasing tuition can be viewed more as an incentive than as something negative.
“The money from tuition goes towards scholarships,” Beard said. “In some senses, the higher the tuition, the higher the amount of the scholarship.”
The Board also approved a 10-year enrollment plan to use as a guide for planning increased enrollment. Beard said USF right now is getting about 25,000 new students and in 10 years that figure could reach almost 50, 000.
“This plan will help drive funding and give us a goal to achieve in our strategic plan,” Beard said.
USF President Judy Genshaft also asked the Board to approve two new appointments to the St. Petersburg and Sarasota/Manatee campus boards. H. William “Bill” Habermeyer, Jr., president and CEO of Progress Energy Florida, who served on the USF Foundation, was approved for appointment of a four-year term. Lynette Edwards, assistant superintendent of academics for the school board of Manatee County, was approved for appointment of a four-year term after already serving a two-year term on the campus board.
Beard added that the Board also approved the 2005-06 legislative budget request, which is a funding recommendation for areas at USF and is also a continuation of each year’s budget.
The executive board will next convene Aug. 19.
Staff report by Stefanie Green