Wednesday, March 23, 2016

New Mexico State University officials are proposing tuition increases and budget cuts to cope with the Legislature's decreased funding in the upcoming fiscal year - Associated Press

New Mexico State University officials are proposing tuition increases and budget cuts to cope with a smaller budget in the upcoming fiscal year. NMSU administrators are expected to ask the Board of Regents to approve one of three tuition-increase scenarios for the 2016-17 school year, according to The Las Cruces Sun-News. The proposals are: a 5 percent tuition increase, with a 4.4 percent permanent reduction to NMSU's Instruction & General Funds budget totaling cuts of $7.4 million; a 2.5 percent tuition increase, resulting in a 5.1 percent reduction totaling cuts of $8.7 million; or no tuition increase, but permanent cuts of $10.6 million to NMSU's operating budget. http://www.therepublic.com/view/story/12b37d471fb14dafa96bef02034f76ff/NM--NMSU--Budget