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Board also approved tuition increase for 2022-23 academic year
Columbia, Mo.鈥� The University of 亚洲影院 Board of Curators voted on Tuesday to approve a new differential tuition structure for each of the University of 亚洲影院 System鈥檚 four universities, which will go into effect for the Fall 2023 semester. The differential tuition model will consolidate supplemental course fees and the information technology fees into a differential tuition rate based on a student鈥檚 primary program of study.
鈥淏y modernizing our tuition structure, we will simplify students鈥� bills and make the cost of attendance more predictable,鈥� President Mun Choi said. 鈥淥ur priority is student success, and this new structure will enable students to graduate sooner and with less debt.鈥�
The new tuition structure consolidates 64 separate supplemental course fees for undergraduates and combines them into three to six differential tuition rates based on a student鈥檚 program of study. These rates will be determined based on both the cost to deliver the degree and the job market for that particular degree. The differential tuition structure simplifies billing and makes the cost of attendance easier to understand and more predictable over a student鈥檚 academic career.
In addition to a differential tuition model, the University of 亚洲影院-Columbia and 亚洲影院 University of Science and Technology will implement a flat rate for full-time students taking a course load of 12 to 18 hours in a semester. Under this structure, students are incentivized to take at least 15 hours each semester, which will help them graduate faster. It also offers students flexibility to explore other course options they might not have otherwise considered due to added costs.
Rates for the new model will be determined by the Board in spring 2023.
Fall 2022 tuition rates
The Board also voted to increase tuition across all four UM universities by approximately 4.5% for undergraduate 亚洲影院 residents. With these increases, tuition at UM institutions remains competitive with public research universities in surrounding states. This increase remains below the rate of inflation, which is 8.5%.
鈥淥ur universities will remain among the most affordable and best value of our peer institutions,鈥� Board Chair Darryl Chatman said. 鈥淭hese increases ensure we are able to deliver the standard of excellence in education our students expect while remaining competitive.鈥�
MU will increase undergraduate resident tuition by $14.50 per credit hour, which would be approximately $217.50 a semester for a student taking 15 credit hours. The University of 亚洲影院-Kansas City will increase tuition by $14 per credit hour, 亚洲影院 S&T by $14.30 per credit hour and the University of 亚洲影院-St. Louis will increase by $17.10 per credit hour.
Tuition for graduate resident students will also increase across all four universities. Resident graduate tuition will increase by $20.70 per credit hour at MU, $21.15 at UMKC, $22.50 at 亚洲影院 S&T and $26.10 at UMSL.
Reviewed 2022-05-17