Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: SATURDAY, February 23, 1991 TAG: 9102230171
SECTION: CURRENT PAGE: NRV-1 EDITION: NEW RIVER VALLEY
SOURCE: MADELYN ROSENBERG/ HIGHER EDUCATION WRITER
DATELINE: BLACKSBURG LENGTH: Medium
The committee recommends allowing an increase in tuition-based revenues by upwards of $40 million.
Tech would be able to increase those revenues by $7.3 million to support instruction. Radford University officials were not available for comment.
The committee's recommendation goes before the full legislature today.
"This would give us the authority to increase tuition for students as a way to assist in maintaining the quality of education," Tech Vice President Minnis Ridenour said Friday.
He said university officials would be carrying a recommendation for a tuition increase to the April meeting of the Board of Visitors.
"The university is committed to providing clear and direct benefits to our undergraduate and graduate students from the increased tuition revenues," Tech President James McComas said in a statement Friday.
Legislators also will vote on the conference committee's provision for an additional $475,000 for student financial aid to help offset the tuition increase.
A pool of $9 million was set aside for financial aid across the state. The total increase in tution-based revenue is just upwards of $40 million.
The conference committee also agreed to restore six positions in Tech's Extension Division, one of the hardest hit by the budget crunch.
The university originally had asked for 12 positions in extension and eight in research.
An increase of $125,000 in tax funds and $225,000 in non-tax funds was authorized for the Equine Medical Center in Leesburg. The funding would assist with instruction and research programs at the facility, which is part of Tech's College of Veterinary Medicine.
by CNB