UNC-system President Thomas Ross recommended today that schools not increase in-state tuition and fees above 9.9 percent, which is lower than UNC-CH’s 11.4 percent increase proposal.
In a memo to members of the UNC-system Board of Governors, Ross said his recommendations — after taking out financial aid — will generate system-wide revenues of $70 million.
“One-third of those new revenues will come from increases in nonresident and graduate tuition rates,” Ross said in his memo.
Ross’ proposal, if passed by the board at it’s Feb. 10 meeting, would be $105 less per in-state undergraduate at UNC-CH than what the University proposed — $2.3 million less in overall proposed in-state revenue for the University.
And system administrators are skeptical as to whether it will be enough to revive what was lost due to a cut in state funding of 15.6 percent, or $414 million, last year.
“We don’t live in a vacuum. The simple reality is that this is a competitive market for top tier faculty members,” said Board of Trustees Chairman Wade Hargrove at Wednesday’s meeting. “If we aren’t competitive in providing resources for those top-tier faculty members we compromise our reputation.”
Ross’ proposed undergraduate in-state increases average 8.8 percent systemwide — less than last year’s average increase of 9.3 percent.
His proposal is also a lower increase than the average systemwide proposal of 9.6 percent.
Ross also reiterated in his recommendation that every campus set aside at least 25 percent for need-based aid.