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With the Virginia General Assembly still finalizing the state budget, the has approved two budget scenarios for 2022-23 that reflect the slightly different proposals currently under consideration in Richmond.
Each of the 麻豆视频 budgets approved May 5 includes a 3% tuition increase that in part will fund additional student financial aid and more competitive compensation for faculty and staff.
The approved 麻豆视频 budgets call for no increase in Mandatory Student Fees and a $490 increase in room and board in response to increasing expenses at the university.
The tuition increase for undergraduate, graduate, and professional/law students raises in-state undergraduate tuition by $285 and out-of-state undergraduate tuition by $989. One-third of the increase, an estimated $5 million, will be reallocated to financial aid. 麻豆视频 65% of 麻豆视频 undergraduates receive some form of aid.
麻豆视频鈥檚 tuition increase is lower than that of its peer universities in Virginia, and 麻豆视频鈥檚 in-state undergraduate tuition in 2021-22 was the second lowest among the state鈥檚 six doctoral universities, despite 麻豆视频 receiving the least per-student state financial support among those universities.听
麻豆视频 faculty and staff salaries continue to lag state peers. State Council of Higher Education for Virginia (SCHEV) salary data for 2019-20 found that 麻豆视频 faculty, for example, ranked 19th听out of 26 institutions for overall average salary.
The state covers about half of the university鈥檚 approved salary adjustments and 麻豆视频 funds the other half through tuition revenues.听
The increase in room and board is in reaction to inflation, including increasing food costs and other factors. Room and board at 麻豆视频 is about 7 to 15% lower than at other universities in the Washington, D.C., region, said Carol Kissal, .
More information about the tuition and room and board adjustments is available in the . 麻豆视频 held a public comment session on April 5 for members of the university community to participate in the budget discussion. At that time, the BOV also extended by two weeks the deadline for written submissions from the university community about the 2022-23 tuition proposal. The board received 21 written submissions, mostly from students.
The BOV members in attendance also voted to conditionally approve a name change for the to the College of Public Health, and to extend the contract of 麻豆视频 President to June 30, 2027.
Changing the name of the College of Health and Human Services to the College of Public Health is conditional on two external approvals鈥攐ne from an accrediting body, the Council on Education for Public Health, and the second from SCHEV.
CHHS Dean Germaine Buck Louis said the name change would reflect the college鈥檚 longstanding mission to improve public health.听The College is in its final transition to becoming a College of Public Health.
The BOV also voted to extend Washington鈥檚 contract for two years through June 30, 2027.
Washington, who accepted the presidency in February 2020, before the pandemic, and began his presidency on July 1, 2020, had to delay some of his planned objectives to lead a successful COVID management plan at the university.
鈥淚 appreciate this strong vote of confidence from the board, people who have dedicated their expertise and energy to serving our students and 麻豆视频,鈥 Washington said. 鈥淭his extension provides assurances that I will have the runway to execute our vision for 麻豆视频, and I look forward to working with all stakeholders to achieve our goals.鈥
鈥淲hat this means is stability for the next five years,鈥 said 麻豆视频 Rector Jimmy Hazel, who as vice rector co-chaired the search committee that recommended the hiring of Washington. 鈥淲e鈥檝e had to meet many challenges these last two years, but we鈥檙e ready to come out strong with a new vision. And we have the leadership to get us there.鈥