KOKOMO, Ind. – Indiana University trustees today (May 31) approved tuition and fee rates for the 2011-12 and 2012-13 academic years. At IU Kokomo and all regional campuses, the new fee schedule calls for undergraduate tuition and fees to increase by 2.5 percent in each of the next two years. For IU Bloomington, tuition will go up 3.5 percent in each of the next two years.
The rates, which are consistent with the non-binding tuition targets set by the Indiana Commission for Higher Education, were approved during a special board meeting held on the IUPUI campus.
“We understand the challenges the state faces and its impact on the ability to appropriate needed funding for higher education,” said IU Kokomo Chancellor Michael Harris. “At IU Kokomo, we are committed to continue to provide a world-class education while doing all we can to be efficient, effective, and control costs. In addition, we have increased financial aid for our students.”
IU trustees also approved a temporary fee, recommended by IU President Michael A. McRobbie, to help cover the cost of necessary repair work and ongoing maintenance costs for IU’s 900 buildings and associated infrastructure.
Full-time students at IU Kokomo and other regional campuses will be charged a temporary repair and maintenance fee of $60 the first year and $120 the second year. The Bloomington campus will assess a $180 fee to full-time students in the 2011-12 academic year and $360 the following year. At IUPUI, the temporary fee will be $160 per full-time student the first year and $320 the second year.
“Spending scarce resources on mundane things like repair and maintenance will never win a university president a popularity contest,” McRobbie wrote in a Letter to the Editor published Sunday, May 29, in the Indianapolis Star. “There are no ribbon-cutting ceremonies for a new roof or a replaced heating and cooling system. But it is work that must be done for the safety of today’s students and to ensure that future IU students will have the same outstanding facilities that the state has entrusted to us.”
All revenue from the new fee will be sequestered and used only for needed repair and maintenance. For the Kokomo campus, the money could be earmarked for projects such as repairs to the Main Building, built in 1965, which needs updated mechanical and electrical systems. Also, the additional funds can be used for replacing roofing no longer covered under warranty, such as the Library building.
Indiana University Kokomo serves north central Indiana.
Media contact: Marie Radel
Phone: (765) 455-9468