The Kentucky Community and Technical College System Board of Regents held its quarterly meeting Friday at Southeast Kentucky Community and Technical College’s Cumberland campus.
The board approved a $928,704,000 budget, which includes a tuition hike for students and a salary increase for faculty and staff for the 2013-14 academic year.
The budget includes a 2.86 percent increase in tuition for in-state students. Tuition will rise from $140 per credit hour to $144.
“KCTCS remains committed to providing Kentuckians with a quality education that is both affordable and convenient,” said Board Chairman P.G. Peeples. “Our statewide system of 16 colleges and more than 70 campuses continues to be the best postsecondary education value in the state.”
The board also adopted KCTCS President Michael B. McCall’s recommendations for a two percent salary increase for full-time faculty and staff. The two percent or $1,000 (whichever is larger) salary increase will apply to faculty and staff who receive favorable performance evaluations.