WHEREAS, the respective Boards of Trustees at state institutions of higher learning
are empowered to determine schedules of student tuition and fees; and
WHEREAS, the Board of Trustees at Winthrop University examined the tuition and fee
structure at Winthrop University and adopted, on June 24, 2022, the recommendations
provided by the Finance Committee incorporating no increase in undergraduate tuition
for the third consecutive year; and
WHEREAS, the members the Board of Trustees have examined the projected revenues and
projected commitments based on the adopted tuition and fee schedule, current student
enrollments for 2022-23 and the state mandated 1% pension increase, 3% salary increase,
and $1,500 bonus for eligible employees; and
WHEREAS, the members of the Board recognize their fiduciary responsibility to ensure
that the university’s operating budget strikes a balance between actual revenues and
commitments.
THEREFORE, BE IT RESOLVED that the operating budget recommended by the Committee on
Finance be adopted, as presented, by the Board of Trustees.
APPROVED, this the 27th day of September 2022