The Southeast Missouri State University Board of Regents approved a 2.8 percent tuition increase effective Fall 2017.
During their meeting on Friday, the Board approved the tuition increase and changes to student fees. The tuition increase raises tuition just over $6 per credit hour. Eight course fees were also added. The fee for requesting an official transcript went from $7 to $10.
The board made the decision to raise prices after the Missouri state senate voted to comply with Governor Eric Greiten’s budget plan for Fiscal year 2008 which starts in July. The budget plan calls for the reduction of money the state will provide from state universities. Southeast will be losing approximately 8.5 percent of its annual budget next year.
To further reduce expenses, the university is closing its St. Louis recruiting office, getting rid of 11 unfilled faculty and staff positions and making changes to the employee insurance plan.
The tuition increase affects all Southeast students including students at satellite campuses in Malden, Kennett and Sikeston and online students.
The university is hoping to increase revenue and decrease expenses in Fiscal Years 2018 and 2019.