BIG RAPIDS – The Ferris State University Board of Trustees approved a 4.75 percent increase in tuition for undergraduate students and a 2.9 percent increase in room and dining rates for the 2010-11 academic year during its regular meeting today (July 14). The board also approved a 6 percent tuition increase for graduate and first professional students.
In addition to tuition, room and dining, Ferris board members approved $500,000 of one-time monies to assist families impacted by the current economy in addition to the ongoing Financial Aid support provided students. Also, new for the 2010-11 academic year, the University is offering the Ferris Achievement Scholarship, which is an extension of the Woodbridge N. Ferris Scholarship. The scholarship ranges from $1,000 to $4,000 based upon a student's qualifications.
New and continuing full-time resident undergraduates will pay $331 per credit hour – $4,965 per semester or $9,930 annually based upon 15 credits per semester. This equates to $225 more per semester.
Room and dining residence hall rates for students will rise from $8,340 to $8,580 annually for a standard occupancy room and all meals included. The increase will allow the University to continue providing quality and flexibility in housing and dining options, and to maintain facilities.
The per-credit tuition rate of $425 for resident graduate students will rise to $450 for the 2010-11 academic year. Tuition for students taking credits from the University's first professional programs will increase to $545 per credit hour for Optometry and $534 per credit hour for Pharmacy.
Kendall College of Art and Design students will see a 4.75 percent increase in tuition for general education courses and a 6 percent increase for studio courses, with a full-time undergraduate student paying $331 per credit for general education courses and $650 for studio courses. Annually, a full-time undergraduate student at Kendall can expect to pay $15,672 for 30 credits (12 general education and 18 studio courses).
The board also approved the Energy Conservation Measures Project, which will help the university lower operating costs by reducing utility expenses. Energy conservation measures earmarked for implementation include replacing water fixtures when necessary with low flow water fixtures, using low flow water fixtures in new construction, installing low flow water fixtures on faucets, installing low flow water fixtures in on-campus housing, installing/replacing lighting fixtures and lamps with more energy efficient models, considering LED lighting for some applications, and installing motion sensors for some building areas. The energy conservation measures are expected to result in an annual savings of $262,500.
Additionally, board members approved a Housing Investment Plan. The plan includes such improvements as paint, new lobby and walkway carpeting, new lobby furniture and entertainment equipment, and window treatments for the University's South Campus residence halls.
Previous South Campus improvements include renovation of The Rock Café and creation of a green space on the South Commons. Current and future projects on South Campus will include upgrades to Brophy, McNerney, Miller, Pickell, Taggart and Ward halls.
In other business, the board approved the following:
The next full meeting of the board is tentatively scheduled for Friday, Nov. 5.
14 July, 2010