UNC-system students will be facing the effects of a less-than-expected slash to the system’s budget after the N.C. General Assembly agreed on an appropriations bill Tuesday.
Although the UNC system will face budget cuts of up to $70 million dollars, the final budget cuts were less than originally planned. The House initially proposed cuts of up to $175 million while the Senate proposed cuts of $54 million.
Gov. Bev Perdue signed the appropriations bill into law Wednesday, the first time the budget has been on time in seven years.
“We took big cuts and made hard choices, but by tomorrow we will have balanced the budget with our priorities intact,” Perdue stated in a press release. “Most importantly, North Carolina will be positioned to fully recover from this global economic recession.”
UNC Chancellor Holden Thorp said that the University is positioned to absorb those necessary cuts after lobbying against the ones that would have hurt students most.
“We are very appreciative of the legislators and our friends in the House,” Thorp said. “It’s been a tough year, but on the whole we are very pleased.”
The cuts will nevertheless cause UNC-system students to potentially pay $750 more in tuition.
UNC-system President Erskine Bowles stated in a release that the tuition hikes will go toward funding students who require financial aid. Each school will have the option to raise tuition up to the $750 limit.
Previously, Bowles had said earlier budget proposals would have prevented some individuals in need of aid from attending college and could have cut up to 1,700 positions — half of them faculty.