Less than half of the campuses in the University of Arkansas system will increase tuition or mandatory fees for the next school year after administrators Thursday gave final approval of school fees and budgets.
Only two schools in the UA system increase tuition fees: the University of Arkansas, Fayetteville, and the University of Arkansas Community College at Hope-Texarkana.
UA-Fayetteville will increase tuition and compulsory fees by 2% combined for undergraduates in the state. Tuition and mandatory on-campus fees increase to $ 9,572.40 per year in 2021-2022, compared to $ 9,384.90 for a state student on a 30-hour schedule over the academic year.
Three major universities are proposing to keep tuition and fees unchanged: the University of Arkansas at Little Rock, the University of Arkansas at Pine Bluff, and the University of Arkansas at Fort Smith.
This is the second year in a row without an increase at these universities.
Schools that increase mandatory fees include UA-Fayetteville, University of Arkansas at Monticello, University of Arkansas Community College at Hope-Texarkana, and University of Arkansas Community College at Rich Mountain, which has its main campus. in Mena.
The UA system includes seven community colleges and five universities, excluding the University of Arkansas University School of Medicine for Medical Sciences or the University of Arkansas eVersity online system.
Gina Terry, UA’s chief financial officer, told administrators Thursday that “most campuses expect they can give their employees a small pool of raises.”
The 10-member board approved budgets, including an UA-Fayetteville budget with approximately $ 857.6 million in operating expenses, an increase of approximately 11.7% from the previous year .
An expected increase in tuition income of approximately $ 10.8 million for UA-Fayetteville helps offset an increase in spending due in part to rising costs for compensation and benefits.
The AU-Fayetteville budget documents indicate that there is “a restoration of position budgets” after the uncertainty last year in the early stages of the pandemic over state appropriations. Compensation spending increased nearly $ 36 million from last year’s budget due to other factors, including a push to raise salaries for full-time employees to a minimum of $ 30,000 per year , indicates the budget document.
Most of the other major colleges in the state have yet to set tuition and tuition fees for the upcoming academic year.
But Arkansas Tech University announced last week that its board of trustees had approved a roughly 3% increase in its undergraduate tuition rate for students in the state, which now goes to $ 239 per student semester.
The University of Central Arkansas board of trustees on Thursday approved an increase in undergraduate tuition and mandatory fees. The rate will drop from $ 9,338 to $ 9,563 for an in-state student on a 30-hour schedule during the 2021-2022 academic year, according to UCA board documents.