Tuition and fee increases approved at the May 12 meeting for the Fall 2010 Semester are: Resident, In-District $80.00 per contact hour (up from $77.00); Service Area $120.00 per contact hour (up from $115.00); Out-of-District/International students pay $150.00 per contact hour (up from $144.00). The Technology Fee which pays for computer technology throughout the college rises from $8.00 to $9.00; the Student Support Fee increases from $5.00 to $6.00; the Parking Lot Fee rises from $16.00 to $17.00 for a student registered for 5 or fewer contact hours and $30.00 to $32.00 for a student registered for more than 5 contact hours. The Student Activities Fee increases for students with more than 5 credit hours from $10.00 to $12.00.
Marilyn Wieschowski, CPA, Chief Operating Officer at Glen Oaks, said, “These modest increases will help us now and during the rough times ahead. Even the Federal government’s financial picture for education does not appear rosy. In order to continue with sound business operations and have the resources to provide needed programs and services, it is necessary to make these increases beginning with the Fall 2010 Semester.”
In her Treasurer’s Report to the Board, Wieschowski said total revenues year-to-date were $10.5 million or 96 percent of the annual budget. This revenue rate as a percentage of budget was approximately five percent higher than last year’s revenue rate at this time. Expenses year-to-date were $9.2 million, which represented 84 percent of the annual budget. The increase in net assets is approximately $402,000 higher than last year. The college is 83 percent through the 2010 fiscal year.
In other news:
- The Board heard an administrative report from Dr. Dennis McCarthy, Dean of Student and Community Services, saying the just completed Winter 2010 Semester saw an enrollment of 1,607 students, or a 13.17 percent increase. Credit hours during the winter term increased from 13,097 to 15,030. Dr. McCarthy said the Spring/Summer Semester also shows a 9.1 percent student increase at this point and a 22 percent hike in credit hours taken. He attributed the gains to full-time attendance for health-related programs, students attending through Michigan Works—which requires full-time enrollment, and those utilizing the Pell Grant, a federal aid program now allowing summer classes for the first time.
- The Board was introduced to nine of the eleven 2010-2011 Presidential Scholars. These graduating area high school seniors earned the highest scholarship awarded at Glen Oaks beginning with Fall 2010 classes. The Presidential Scholarship provides up to $4,000 to cover tuition and fees each year for two years. The Board was introduced to Michael Carr of Sturgis High School, Nic Huff of Mendon High School, Mallory Martin of Mendon High School, Blythe Metzger of Northwood High School, Shane Russell of Mendon High School, Megan Schwartz of Bronson High School, and Kendall Stuckey of Centreville High School. Not present: Steven Carr of Colon High School and Nhan Ho, a Vietnamese foreign exchange student at Three Rivers High School