Attached is a resolution to readjust student fees for the Spring semester 2002. At its meeting in June 2001, the Board of Trustees approved fees based on versions of the Appropriations Act passed by the Senate and the House of Representatives. Both of these versions of the Act contained significant reductions in appropriations for higher education.
Also at the June meeting, the full Board gave the Executive Committee the authority to make any changes to the 2001-2002 student fees after final legislative action was taken.
In July, the Governor vetoed those sections of the Appropriations Act that contained most of the reductions for higher education.
As a result of the vetoes, on July 27, 2001, the Executive Committee approved a reduction of $100 for a full time undergraduate student for the Fall semester only
In November, the Board approved the budget for the University. At the same time, the Budget and Control Board rescinded four percent ($1,042,107) of the University's 2002 appropriations. An additional two percent ($521,053) rescission is anticipated in February.
This Spring semester 2002 proposed fee readjustment of $100 for a full time undergraduate student is necessary to generate additional revenue to offset the current and anticipated appropriation reductions and restores the level of fees which the Board had approved at the June 2001 meeting.
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WHEREAS, the respective Boards of Trustees at state institutions of higher learning are empowered
to determine student fees; and
WHEREAS, the Board of Trustees at Winthrop University has examined the fee structure
at Winthrop University; and
WHEREAS, the Board of Trustees has examined the projected resources and projected
commitments for 2001-2002; and
WHEREAS, the State Budget and Control Board has directed a rescission of four percent
of Winthrop's appropriation for 2001-2002; and
WHEREAS, an additional two percent reduction is anticipated in February 2002; and
WHEREAS, the members of the Board of Trustees recognize their fiduciary responsibility
to ensure that the University's budget strikes a balance between actual resources
and commitments;
THEREFORE, LET IT BE RESOLVED that the revised fee schedules for Spring 2002 be adopted by the Winthrop University
Board of Trustees.
December 15, 2001
