M E M O R A N D U M


								November 14, 2012

TO: 		Members of the Executive Committee of the Board of Trustees

FROM:		Nancy L. Zimpher, Chancellor

SUBJECT: 	 Five-year Tuition Plan


Action Requested	

	The proposed resolution approves the State University’s five year tuition plan.

Resolution

      I recommend that the Executive Committee of the Board of Trustees adopt the following resolution:

Whereas the State University provides the people of New York State with educational services of the highest quality, with the broadest possible access, fulfilling its statutory mission; and

Whereas the University has implemented a rational tuition plan, calling for modest tuition increases each year, which will allow students and their parents to plan for the cost of college; and

Whereas the NY-SUNY 2020 Challenge Grant Program Act (Chapter 260 of the Laws of 2011) required a master tuition plan to be adopted by the University’s Board of Trustees and be submitted to the chairs of the Assembly Ways and Means Committee and the Senate Finance Committee and to the Director of the Budget by November 30, 2011, and requires that proposed amendments to such plan be submitted by November 30 of each year; now, therefore, be it





Resolved that the Five Year Tuition Plan, covering the period 2011-12 to 2015-16, as outlined in the attached table (at the maximum “up to” level), be, and the same hereby is, approved; and, be it further

Resolved that the Board of Trustees will revisit the plan each November, making such adjustments as necessary given the existing fiscal climate and in consideration of other factors the Board shall deem relevant.

Background

      The NY-SUNY 2020 Challenge Grant Program Act has provided the University with an historic ability to plan for resident and certain non-resident undergraduate tuition rates over a five year period.  The ability for students and their parents to plan for the cost of college has always been important, and implementation of rational tuition brings much needed stability and planning ability to the University.

      As enacted by the Challenge Act and thereafter amended by Ch. 57, Part P, §1, L. 2012, Education Law §355(2)(h)(4)(ii) specifically calls for the Board to approve a tuition plan each year:

On or before November thirtieth, two thousand eleven, the trustees shall approve and submit to the chairs of the assembly ways and means committee and the senate finance committee and to the director of the budget a master tuition plan setting forth the tuition rates that the trustees propose for resident undergraduate students for the five year period commencing with the two thousand eleven--two thousand twelve academic year and ending in the two thousand fifteen-two thousand sixteen academic year, and shall submit any proposed amendments to such plan by November thirtieth of each subsequent year thereafter through November thirtieth, two thousand fifteen, and provided further, that with the approval of the board of trustees, each university center may increase non-resident undergraduate tuition rates each year by not more than ten percent over the tuition rates of the prior academic year for a five year period commencing with the semester following the semester in which the governor and the chancellor of the state university of New York approve the NY-SUNY 2020 proposal for such university center.

      This year, the Board is approving the second five year tuition plan for the University. The tuition increases presented in the attachment represent the maximum, or ”up to”, level of possible tution.  In each subsequent year, the Board of Trustees will review the adopted plan, and make adjustments if changes in the fiscal climate or other changes make an adjustment necessary.  Annual tuition changes will be implemented by rule-making each year upon enactment of the New York State budget.
Maximum Annual Tuition Increases
2013-14 through 2015-16 (Years 3 to 5 of the Five Year Plan)



Resident 
Non-Resident 
Undergrad at Centers
$300 
10.00%
Undergrad at Comp/Tech
Same as Centers 
5.00%
Graduate 
$500 
10.00%
MBA
9.00%
10.00%
Masters of Social Work
9.00%
10.00%
Masters of Architecture
9.00%
10.00%
Physicians Assistant
9.00%
20.00%
Law
9.00%
10.00%
Pharmacy
9.00%
10.00%
Medicine
9.00%
5.00%
Dentistry
9.00%
10.00%
Optometry
10.00%
10.00%
Physical Therapy
9.00%
10.00%
Nursing Practice 
9.00%
10.00%

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Board Resolution		November 14, 2012