DENVER - After a lengthy discussion over tuition increase proposals, the University of Colorado Board of Regents today approved a modest tuition increase for students at the Denver Campus. Denver Campus undergrgraduate resident students will see a 0.8 percent credit-hour base-rate increase. In addition, on the Anschutz Medical Campus, tuition rates as requested by the schools and colleges were approved, including a three-percent increase for undergraduate nursing students.
Perhaps the most significant decision was to begin multi-year linear tuition for the Denver Campus. This means the maximum tuition rate increases above the base rate for full-time students taking 13 to 15 credit hours, but for continuing students, the increase will be held to nine percent for the next three years.
The Regents also got behind compensation increases, landing at a two-percent increase for those making under $100,000, limiting all increases to a maximum of four percent, also limiting increases to $2,000 for those making between $100,000 and $175,000 and no increase for anyone making more than $175,000.
The Board also seems to be in agreement that tuition increases can no longer be the solution to funding higher education, and that there needs to be a new long-term strategy to take into account what will be affordable in the future.
Student fees approved
The Regents unanimously approved a number of fee increases for students on both the Denver and Anschutz Medical Campus. The majority of fees are program specific. Denver Campus students will see increases in activity and services fees.
New academic building on Auraria Campus
Regents also gave their nod to the plan for the new Academic Classroom Building and backfill renovation for the Denver Campus. It will be the university's first solely-funded and occupied building on the Auraria Campus.
"It is tremendously important for the campus that we move forward with this," said Provost Roderick Nairn. Regent Michael Carrigan echoed that importance saying he's "thrilled to see the project move forward."
The building will address space shortages on Auraria and will bring together student services and student affairs programs that are currently spread throughout various buildings. The new building also will house large lecture halls and academic department office space.
The site, which is the first building for the CU Denver Campus neighborhood on Auraria, creates a gateway presence on Speer and Larimer and balances the education corridor along Lawrence Street anchored by the new Business School.
Ridgway honored as Distinguished Professor
Today's meeting began with recognition of E. Chester "Chip" Ridgway, MD, as he received the Distinguished Professor Award.
Regent Kyle Hybl saluted Ridgway saying, "Academic excellence is at the heart of any great university."
The award recognizes Ridgway's work in thyroid medicine nationally and internationally.
Executive Vice Chancellor Lilly Marks remarked that Ridgway is one of the most thoughtful and innovative teachers at the University.
"This is an enormous honor." said Ridgway who shared that he was almost speechless. "This is the greatest event to happen in my career. I am so appreciative to the university to do the service that I have been able to do."