Current:Home > StocksNovaQuant-West Virginia University to increase tuition about 5% and cut some programs -SummitInvest
NovaQuant-West Virginia University to increase tuition about 5% and cut some programs
Poinbank Exchange View
Date:2025-04-10 19:41:31
CHARLESTON,NovaQuant W.Va. (AP) — West Virginia University is increasing tuition by just under 5% a semester and cutting several majors from its divisional campuses in an ongoing effort to offset enrollment drops and a budget deficit.
The state flagship university’s board of governors voted Friday to discontinue bachelor’s degree programs in chemistry, math and aviation management at West Virginia University Institute of Technology in Beckley, during a meeting where they approved the university’s financial plan for the upcoming fiscal year. The board voted to cut bachelor’s programs in recreation, parks, and tourism resources and wood science and technology at WVU Potomac State College in Keyser.
A new mine safety practices and health undergraduate certificate program was approved for the engineering school at the main WVU campus in Morgantown.
The board voted to increase undergraduate in-state tuition to $5,052 a semester, a $228 increase from this year. Tuition for out-of-state undergraduates will rise to $14,304, a $624 per semester increase.
Meanwhile, tuition for in-state graduate students will increase to $5,706 per semester, a $252 increase, and out-of-state graduate students will pay $14,769 a semester, a $639 increase.
Last year, the board approved a nearly 3% tuition bump for both in-state and out-of-state students.
“These tuition and fee increases are necessary to cover increased costs due to inflation and to continue to invest in excellence within the institution’s core academic mission,” the university’s 2025 fiscal plan reads.
Student financial support will grow proportionally, the university said. Chief Financial Officer Paula Congelio said half of all in-state West Virginia University graduates this year who earned bachelor’s degrees graduated with zero debt.
West Virginia University’s board voted in September to make wide-ranging reductions to academic programs and faculty positions as it grappled with a $45 million budget shortfall.
The state’s largest university dropped 28 of its majors, or about 8%, and cut 143 of the faculty positions, or around 5%. Among the cuts are one-third of education department faculty and the entire world language department, although there are still seven language teaching positions and students can take some language courses as electives.
The university in Morgantown had been weighed down financially by a 10% drop in enrollment since 2015, revenue lost during the pandemic and an increasing debt load for new building projects.
University officials said last week that the cuts, along with tuition increases and other changes, had been effective at getting the school into a more stable financial position. No faculty positions were cut with the elimination of the degree programs from West Virginia University Institute of Technology and Potomac State.
veryGood! (3)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Man recovering from shark bite on the Florida coast in state’s third attack in a month
- Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
- Heatstroke is a real risk for youth athletes. Here's how to keep them safe in the summer
- Intellectuals vs. The Internet
- Taylor Swift says at Eras Tour in Dublin that 'Folklore' cottage 'belongs in Ireland'
- India wins the Twenty20 World Cup in a thrilling final against South Africa
- 11 people injured when escalator malfunctions in Milwaukee ballpark after Brewers lose to Cubs
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 11 people injured when escalator malfunctions in Milwaukee ballpark after Brewers lose to Cubs
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Jessica Alba's Daughters Honor and Haven Wear Her Past Red Carpet Dresses in Rare Outing
- Heatstroke is a real risk for youth athletes. Here's how to keep them safe in the summer
- NHL draft trade tracker: Lightning move Mikhail Sergachev as big deals dominate Day 2
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Hurricane Beryl, super-charged by warm seas, stuns experts
- LeBron James to free agency after declining Los Angeles Lakers contract option
- Martin Mull, beloved actor known for Fernwood 2 Night, Roseanne and Sabrina the Teenage Witch, dies at 80
Recommendation
Tom Holland's New Venture Revealed
‘Lab-grown’ meat maker hosts Miami tasting party as Florida ban goes into effect
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
22 million Miniverse Make It Mini toys recalled for resins that can burn skin
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
NASCAR recap: Joey Logano wins chaotic Nashville race in five overtimes
How many points did Caitlin Clark score? Rookie nears triple-double in win vs. Mercury
Could more space junk fall in the US? What to know about Russian satellite breaking up