Current:Home > reviewsTuition and fees will rise at Georgia public universities in fall 2024 -VitalEdge Finance Pro
Tuition and fees will rise at Georgia public universities in fall 2024
View
Date:2025-04-15 18:38:25
BARNESVILLE, Ga. (AP) — Students will pay more to attend Georgia’s public universities and colleges in the the 2024-2025 academic year, with officials saying schools face rising costs and must charge more to maintain a quality education.
Regents voted Tuesday to increase tuition and fees at the system’s 26 schools. The typical Georgia school will charge in-state undergraduates $6,466 in tuition and mandatory fees next year, up 2.4% from $6,317 this year.
Tuition and fees will range from $3,506 at Swainsboro-based East Georgia State College to $12,058 at Georgia Tech.
The typical student will still be paying less than in 2022, though. After that year, regents eliminated a fee that was charged on top of tuition, lowering costs at almost all institutions.
University System Chief Fiscal Officer Tracey Cook told regents that universities are paying higher costs for items including technology, software, food, utilities and insurance, while they are also having to spend more on employee salaries. While state appropriations fund pay raises for most academic employees, universities must fund pay raises for most support employees out of their own funds.
“We must at times increase tuition to maintain a consistent standard of quality, to improving how we graduate and retain our students, and as discussed, keep pace with rising costs, while we look for ways to be more efficient,” Cook told regents during a Tuesday meeting at Gordon State College in Barnesville.
Costs to rent dormitory rooms and buy meal plans will also rise systemwide.
Regents had generally held tuition flat for four straight years and six years of the previous eight. Georgia’s typical tuition and fees are lower than all but two states in the 16-state region covered by the Southern Regional Education Board.
For students receiving lottery-funded HOPE Scholarships, the scholarship will pay for higher tuition. However, students and their families must themselves pay for mandatory fees. Although many Georgia students receive other types of financial aid, more than 35% now borrow to pay for college with some students borrowing more than $5,500 on average.
The university system also approved a further increase in tuition for students coming from outside the country. They will now pay 2% more than students from outside Georgia, who already pay tuition rates that are three times or more what in-state students pay. Institutions sometimes waive out-of-state charges.
The system also said it would increase fees for students taking classes online at most universities. Many schools have been waiving all or part of their mandatory fees, because online students don’t benefit from some of the things student fees pay for, such as student activities or athletics. Fees for online students would remain less than for in-person students.
Officials said student fees weren’t generating enough money provide a financial cushion for projects they finance, such as student centers, recreation and athletic facilities and parking garages.
”Less students paying these fees translates into less revenue to cover expenses,” Cook said. “And these declines in revenues are occurring while institutions are experiencing an increase in costs.”
The state will fund nearly $3.4 billion of the system’s roughly $9 billion budget in the year beginning July 1. Lawmakers boosted state funding for universities by $200 million, or 6.4%, under a budget awaiting Gov. Brian Kemp’s signature. Of that amount $97 million are for 4% salary increases for employees. Lawmakers also restored $66 million in teaching funds that were cut in a dispute last year. Regents said they would continue to give some extra money to smaller schools with shrinking enrollment.
Regent Douglas Aldridge of Chattahoochee Hills said the budget increase will “go a long way in providing a quality education experience for our students”
veryGood! (29)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Books We Love: No Biz Like Showbiz
- Michigan detectives interview convicted murderer before his death, looking into unsolved slayings
- New Hampshire lawmakers tackle leftovers while looking forward
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- SpaceX illegally fired workers who criticized Elon Musk, federal labor watchdog says
- Penguins line up to be counted while tiger cub plays as London zookeepers perform annual census
- Michael Skakel, Kennedy cousin whose conviction in killing of Martha Moxley was overturned, sues investigator and town
- USA women's basketball live updates at Olympics: Start time vs Nigeria, how to watch
- LG Electronics partnering with West Virginia to advance renewable energy, telehealth businesses
Ranking
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- ‘Debtor’s prison’ lawsuit filed against St. Louis suburb resolved with $2.9 million settlement
- 2024 brings a rare solar eclipse that won't happen again for decades: Here's what to know
- Madrid edges Mallorca 1-0 and Girona beats Atletico 4-3 to stay at the top at halfway point in Spain
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Which EVs qualify for a $7,500 tax credit in 2024? See the updated list.
- Zac Efron Reveals His First Kiss and Why It Was the Start of Something New
- Thousands of women stocked up on abortion pills, especially following news of restrictions
Recommendation
Small twin
Retirees set to earn up to $4,873 starting this month: What to know about 2024 Social Security benefits
South Carolina Senate to get 6th woman as former Columbia city council member wins special election
South Korean opposition leader is recovering well from surgery after stabbing attack, doctor says
Sam Taylor
Person killed by troopers in shootout on New York State Thruway
Washington, Michigan, SEC lead winners and losers from college football's bowl season
Elon Musk's X worth 71.5% less than it was when he bought the platform in 2022, Fidelity says