Friday, July 9, 2010

Winthrop tuition, fees will increase - Jamie Self, Herald Online

DiGiorgio put the tuition increases into perspective. "When this year's freshmen were born, over 45 percent of revenues that drove the university came from the state of South Carolina," he said. Less than 10 years ago, Winthrop received more than $25 million in annual funding from the state. Next year Winthrop's state appropriation will dwindle to less than 10 percent of the university's budget at $12.8 million - down by $3.4 million from last year. Since fall 2008, the university has lost $9.8 million due to state cuts. "This means 90 percent of our operations will take place on a private school finance model that emphasizes enrollment growth," DiGiorgio said, adding that the university's facilities are ready for that growth.