May 14, 2012
Proposed Minnesota State Colleges and Universities Budget Aims to Maintain Affordability
Melinda Voss, (651) 201-1804, email@example.com
ST. PAUL, Minn., May 14, 2012 – The Minnesota State Colleges and Universities (MnSCU) Board of Trustees will consider a proposed fiscal year 2013 budget at its Tuesday, May 15 meeting that holds tuition increases to $171 for full-time undergraduate students at the state colleges and $285 at the state universities. Under the proposed budget, full-time students at the 24 state colleges would pay average tuition of $4,815 (+3.7 percent) annually and full-time students at the seven state universities average tuition of $6,782 (+4.4 percent). The proposed average annual full-time tuition increase across all MnSCU colleges and universities is $193 (3.9 percent).
“The proposed budget advances the goals outlined in the Strategic Framework adopted by the Board of Trustees in January,” said MnSCU Chancellor Steven Rosenstone. “Through our ongoing efforts to control costs, improve efficiency and increase productivity, we remain the state’s most affordable post-secondary option. Our colleges and universities have worked hard to minimize tuition and fee increases, while maintaining an extraordinary educational experience for our students.”
MnSCU colleges and universities have reallocated more than $76 million in 2012-2013 to invest in high priority areas, add teaching and student services positions, start new programs in high-demand fields and balance budgets with only moderate tuition increases.
Need-based financial aid programs (grants and loans) help students pay for their education. In FY2011 (the most recent data available), 61 percent of students enrolled in state colleges and 64 percent of students enrolled in state universities received some kind of financial aid. For those students receiving state grants, half of the proposed tuition and fee increase in FY2013 will be offset by an increase in those grants.
State funding per MnSCU student has declined 45 percent (adjusted for inflation) since FY2000. Over this same period, efficiencies have reduced the inflation-adjusted cost of educating a MnSCU student by 10 percent.
The proposed tuition adjustment for FY2013 maintains MnSCU’s position as the state’s highest value and most affordable higher education option.
|Tuition Comparison||FY2012 Tuition||Est. Annual Increase||FY2013 Tuition|
|MnSCU State Universities||$6,497||$285||$6,782|
|University of Minnesota||$11,650||$410||$12,060|
|Private Four-Year Colleges||$32,349||$1,466||$33,815|
- University of Minnesota tuition is for the Twin Cities, College of Liberal Arts, exclusive of fees charged by individual colleges.
- Private 4-year averages are based on information on tuition & fees reported by the MN Private College Council for member institutions for the 2011-12 and 2012-13 school years.
The Board of Trustees will consider final action on the proposed FY2013 budget at its June meeting.
The Minnesota State Colleges and Universities (MnSCU) system includes 24 two-year community and technical colleges and seven state universities. It is the fifth largest higher education system of its kind in the United States. Each year, more than 420,000 students from all walks of life attend MnSCU colleges and universities for undergraduate and graduate degree, certificate and diploma programs, training and retraining classes and courses to enrich their lives. MnSCU educates:
- 63 percent of Minnesota’s undergraduates;
- 49 percent of the state’s new teaching graduates;
- More than 80 percent of new nursing, construction trades, law enforcement and mechanics graduates; and
- 9,000 firefighters and emergency first responders each year.
These are recent high school graduates, adult learners, workers and professionals retooling to meet the current and future needs of Minnesota’s businesses. More than 80 percent of MnSCU graduates stay in Minnesota to work or continue their education. Nearly 86 percent of MnSCU graduates get jobs related to their field of study. In addition, MnSCU partners with 6,000 employers throughout the state to provide customized training to 122,000 employees, helping to ensure that these Minnesota companies remain competitive. MnSCU delivers the most affordable and cost effective higher education option in Minnesota.
Minnesota's 31 state community and technical colleges, and universities serve more than 420,000 students across the state.