Tuition hike proposed at UNM
March 22, 2018 06:12 AM
ALBUQUERQUE, N.M. -- A proposed tuition increase at the University of New Mexico has students talking about its potential impacts.
On Thursday, the Board of Regents could vote to approve the tuition increase that would impact all students at the state's largest university. If approved, it will go into place July 1.
Some students like Emily Castillo are concerned a tuition increase will make it harder for lower-income students.
"I've noticed from the cuts in the lottery scholarship we've had a large loss of students in terms of our enrollment size," she said.
As part of the budget proposal, there's a 2.5 percent tuition increase across the board. Premium credit hours would go up by $7 each. Student fees would also rise by nearly 2.4 percent.
Students would pay between $88 and $214 more each semester depending on the courses they enroll in. It would generate a total of $4.4 million in additional revenue per semester.
"We are in support of the tuition increase, which sounds strange because we're students," said student body president Noah Brooks, who was part of the Budget Leadership Team that's been crafting the plan since September.
Brooks said the increase will help pay for campus safety, like more security cameras, better lighting and more security staff.
"UNM just doesn't have the money to help increase campus safety in drastic ways," he said. "This will help be a step in the right direction so that we aren't a campus that is unsafe."
Brooks said the increase would also help pay for a 1 percent raise for staff and more financial aid for students.
"For the students in the lower income areas, they will not see a tuition increase at all. Their bill won't increase at all because the financial aid from this tuition increase will help cover a portion of the tuition increase," he said.
Also on the agenda for Thursday's summit is the large deficit held by UNM's Athletic Department. The Department is expected to ask regents to forgive more than $6 million of its $7.5 million in debt. The department blames the shortfall on poor ticket sales, poor fundraising efforts and more spending.
Updated: March 22, 2018 06:12 AM
Created: March 21, 2018 04:42 PM
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