CSU Budget Woes Redux
From the Chancellor's Office: Your tuition is going up again! That's right. At the board meeting, held the week before Thanksgiving 2011, the CSU Board of Trustees approved a $498 per year undergraduate tuition increase, effective fall 2012. Here's some of the other highlights from the CSUEB University Communique: *The CSU Board of Trustees adopted the 2012-13 budget *The CSU Board requests state lawmakers provide an additional $333 million in funding. *Approximately $64 million in revenue would come from tuition fee revenues associated with enrollment growth of 5 percent (approx 20,000 students) *Tuition for full time undergraduates would rise to $5,970 from $5472 in fall 2012. *Approximately 45 percent of the CSU's undergraduates would not pay the tuition fee increase due to grants or aid. According to cappex.com 63 percent of CSUEB students receive financial aid. *Households earning $70,000 or less qualify for financial aid. It ...