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New Mexico State University

New Mexico State University

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NMSU Board of Regents approves increases in tuition and housing rates

The Board of Regents of New Mexico State University approved increases in rates for tuition and fees, housing and meals for 2007-08 at its regular meeting Friday, April 13.

The increases are needed to provide additional funds in support of the university's teaching mission and strategic priorities, along with addressing increases in operating costs, said Jennifer Taylor, senior vice president for business, finance and human resources.

Tuition at the Las Cruces main campus will go up by $75 per semester for full-time residents - an increase of 4.8 percent. In addition, student fees will increase by $36 per semester per full-time student as recommended by the Student Fee Review Board chaired by ASNMSU President Ben Hardy.

Overall, the tuition and fees for resident full-time students will go up $111 per semester, from $2,115 to $2,226. For those in the 135-mile Texas radius, the increase is $116.40 per semester, from $2,229 to $2345.40.

Non-resident students will see a $188.40 increase in those costs from $6,901.80 to $7,090.20. That figure includes a 2.4 percent tuition increase.

Full-time graduate residents will see tuition and fees rise from $2,271.60 to $2,390.40 or an increase of $118.80. Non-resident graduate students will see an increase of $192.60, from $7,086.60 to $7,279.20. For students in the 135-mile Texas radius, the increase will be $124.80, from $2,398.80 to $2,523.60.

Housing and meal rates also will see a slight increase approved by the board. Housing increases range from 0 percent to 3 percent and are competitive with the local market and regional universities. Angela Throneberry, assistant vice president for Auxiliary Services, also presented the board with a request for an increase in meal plan rates ranging from 4 percent to 5 percent.

New housing rates will range from $1,511 to $1,849 per semester for various residence hall options; $1,231 to $1,789 for Greek housing; and $1,714 to $1,940 for student apartments. Monthly rates for family housing units will be $557 for two-bedroom homes and $757 for four-bedroom apartments.

The new semester rate for the standard meal plan will be $1,222, a $47 increase over the current rate. The additional funding is needed to cover increased operating costs and allow continued program enhancements such as the "to go" plan, Throneberry said.

The regents also approved tuition and fee increases at three of NMSU's community colleges. For full-time students who are in-district residents, tuition and fees will increase at NMSU-Alamogordo from $648 a semester to $672; at NMSU-Carlsbad from $614 to $650 a semester; and at NMSU-Dona Ana from $564 to $576 a semester. No increase was requested at NMSU-Grants where the amount remains at $600 a semester.

Other funding approved Friday included a faculty and staff salary increase of 5 percent and $2.9 million for investment in various strategic priorities of the institution. These include a performance fund for meeting the university's strategic goals and increased instruction and research funding for colleges.