Students at Kentucky's community and technical colleges are facing higher tuition costs the next two years. The Kentucky Community and Technical College System's Board of Regents approved a budget for the upcoming academic year that includes a nearly 2.1% tuition increase for in-state students.
The Board approved a $924.1 million budget for the state-wide system of 16 colleges and more than 70 campuses for the next year.
Board members approved higher in-state tuition rates for the next two academic years. For the next school year, tuition will go up from $144 per credit hour to $147. In-state tuition for the 2015-16 academic year will be $150 per credit hour.
Kentucky's community colleges will use new tuition fees to pay for improvements to campuses across the commonwealth.
The sixteen colleges of the Kentucky Community and Technical College System will take on about $200 million in bonds. System President Michael McCall says three-fourths of those bonds will be paid for by a four dollar per credit hour charge that will be phased in this fall, and will increase to eight dollars per credit hour in the future.
“The proposed agency fund will come from a capital fee that will be assessed to students, students who will be coming in,” said McCall. “We plan to really phase this in. The total amount that will be required for this would be eight dollars per credit hour per student.”
McCall acknowledges that KCTCS will also be raising tuition this fall, but could not say by how much.
About 92,000 students are enrolled in the system's colleges.
Kentucky's community and technical colleges around the state will take part in Super Sunday this weekend. Representatives from the schools will visit more than three dozen African-American and Hispanic churches. Following services, an information fair will reach out to prospective students and their parents.
"KCTCS has a strong commitment to diversity and ensuring that every citizen in this state has the educational opportunities that they need to succeed," said Dr. Michael McCall, president of the Kentucky Community and Technical College System. "It's our responsibility to make everyone aware of college, that it is within their reach."