Coastal Carolina University raises tuition for upcoming year
Conway, S.C. (WPDE) — Coastal Carolina University students will see a slight increase in tuition for the 2017-2018 year, according to a news release.
The Board of Trustees approved an increase of less than 3 percent for in-state and out-of-state students effective for the 2017-2018 academic year.
In-state tuition will increase $162 per semester. Out-of-state tuition will increase $376 per semester.
CCU officials say the tuition increase will help cover the increase in funding for the state's pension, health and dental insurance for employees.
Pres. David DeCenzo said the effect of the S.C. Legislature's decision has a significant impact on the University's operating budget.
“The costs incurred as a result of the state pension reform bill, combined with a 1.9 percent increase in the Higher Education Price Index [a measure of the inflation rate applicable to higher education in the U.S.], would require about a 4 percent increase in tuition to break even,” said DeCenzo in a news release. “However, we were able to eliminate more than $2 million from our operating budget by cutting future nonfaculty positions. The budget cuts will not require any personnel layoffs or furloughs.”
Other fees, including housing and meal plans, either remained the same as last year or only increased by a few dollars per semester.