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May 25, 2010

UMS approves tuition increases

The University of Maine System board of trustees approved an average tuition increase of 4.8% at its meeting last night.

Annual tuition and mandatory fees for full-time, in-state undergraduate students will range from $10,142 at the University of Maine in Orono to $7,110 at the University of Maine at Machias, with increases ranging from 4% at the Farmington campus to 5.5% at Orono, according to a press release. The increase was the lowest in six years, and UMS tuition is the lowest in-state cost out of all the land grant universities in New England.

Trustees also voted to adopt a plan to consolidate the University of Southern Maine's eight schools into five colleges and eliminate three deans positions, which is estimated to save the campus more than $1 million a year. Trustees also approved a total operating budget for fiscal year 2011 of $517.9 million, a 2.4% increase over the anticipated final fiscal year budget of $506.2 million, according to the Bangor Daily News. Each of the seven campuses submitted balanced budgets for the coming year despite a nearly $7 million drop in state appropriations compared with 2008.

Go to the article from the Bangor Daily News >>

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