CLARKSVILLE, TN (CLARKSVILLE NOW) – The Austin Peay State University Board of Trustees will consider a 3.23% increase in undergraduate tuition and mandatory fees during their scheduled June 5 meeting.
“APSU is exercising prudent fiscal stewardship with a limited tuition and fee increase. The proposed 3.23% increase is a combined increase in undergraduate tuition and mandatory fees for the upcoming academic year, which is less than the Tennessee Higher Education Commission (THEC) recommendation of 4.5%,” said a news release sent to Clarksville Now.
Last year, the APSU Board of Trustees approved a 5% increase to undergraduate tuition.
| PREVIOUSLY: APSU Board of Trustees approves 5% increase to undergraduate tuition
What revenue would address, steps to mitigate effect
The release said that the revenue from the increase would be used to address rising costs of contractual obligations, to support additional services for the university and help maintain its level of service amid recent enrollment growth.
“Austin Peay continues to take steps to mitigate the effect of the proposed increase on undergraduate tuition. The university’s undergraduate tuition rate is the second lowest among Tennessee’s public universities. APSU has also introduced new scholarships and increased the value of existing scholarships,” the release said.
Factors for consideration of proposal
Various factors will be considered by the Board of Trustees when determining the necessity for a tuition increase, including: THEC’s binding tuition and mandatory fee increase ranges; the level of state support; the total cost of attendance; efforts to mitigate the financial impact on students; the Higher Education Price Index; student demand; campus enrollment goals; market factors; and costs associated with campus operations, programs of study or individual courses.
The release said that the public may submit written comments on the proposed increase via the Tuition Transparency and Accountability website at https://www.apsu.edu/board-of-trustees/tuition-transparency.php or by mail to the Secretary to the Board, P.O. Box 4576, Clarksville, TN 37044.
All comments must be received by Wednesday, June 3.
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