FOR IMMEDIATE RELEASE
June 27, 2002
Contact: Michelle Green
UIS students will pay 10 percent more for tuition this fall
SPRINGFIELD – The University of Illinois Board of Trustees on Thursday approved a tuition increase of ten percent, effective with the fall 2002 semester. The increase will raise the UIS tuition rate from $99.50 per credit hour to $109.45 per credit hour. For a full-time undergraduate student taking 15 credit hours, tuition would rise from $2,985 to $3,285 per year. For a full time graduate student taking 12 credit hours, tuition would rise from $2,688 to $2,958 per year.
“The additional revenue is needed because of the expected increases in the cost of health insurance, university and other campus unavoidables, and the unexpected budget cuts caused by Illinois’ fiscal crisis,” said Richard D. Ringeisen, UIS chancellor. “Nobody wants to make it more difficult for students to afford an education. At the same time, it is not unreasonable to expect students to cover a portion of this very serious budget deficit.”
With the increase, students will be paying approximately 21 percent of the deficit that UIS must meet. At UIS, student tuition in general pays for about 25 percent of the cost of the students’ education. The tuition increase will generate an additional $543,000 for UIS, far below the $2.6 million cut UIS has already made to next year’s budget.
“I want students to know that we will use this money wisely and that we take this increase seriously,” said Ringeisen. “We will balance our reduced budget in a way that protects the academic core of the campus as much as possible. It is essential that a UIS degree remain the highest quality public education available anywhere.”