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Saturday, May 4, 2013
The Radford University Board of Visitors is scheduled to meet on campus Thursday and Friday to set 2013-14 tuition and fees.
Last May, on a 8-6 vote, the board approved a 3.2 percent tuition and fee increase for in-state undergraduate students, among the lowest approved in 2012 by a public university. That increase was just slightly higher than the 2.7 percent cap requested by Gov. Bob McDonnell for in-state undergraduate tuition fees.
This year, McDonnell again requested that institutions tie their in-state increases in part to the consumer price index, which for Virginia in February was 1.8 percent, according to the U.S. Bureau of Labor Statistics.
The governor told universities that they could increase tuition above the consumer price index to cover any unavoidable expenses, such as state employee salary increases mandated by the General Assembly.
Mandatory expenses are expected to vary from institution to institution.
On April 28, Virginia Tech's Board of Visitors approved a 4.9 percent increase for in-state undergraduates. University Chief Financial Officer Dwight Shelton told the board that would fall slightly below the governor's guidelines for Tech.
Radford University's full board will meet twice during the two days of the meeting - at 1:30 p.m. Thursday and during the full board meeting beginning at 9 a.m. Friday - to discuss tuition, university spokesman Joe Carpenter said.
The meetings will be held in Martin Hall.
Weather JournalMidday update: More ice likely later