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Ivy Tech plans 5% tuition increase

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Ivy Tech tuition hearing

When: 8 a.m. July 16

Where: Fourth-floor auditorium in the North Meridian Center on Ivy Tech's downtown Indianapolis campus, 50 W. Fall Creek Parkway North Drive.

Can't attend: Send written comments to Bob Holmes, vice president for finance and treasurer of the college, at bholmes@ivytech.edu, or to Holmes at Ivy Tech Community College, 50 W. Fall Creek Parkway North Drive, Indianapolis, IN 46208.

IPFW, IU, Purdue also intend to raise rates after funding cuts.

Tuesday, July 7, 2009 - 10:39 am

Ivy Tech is the latest state school to propose tuition increases for next year. The local campus joins IPFW, as well as Purdue and Indiana universities, with a near 5 percent increase.

Ivy Tech Community College students will see per-credit-hour rates go from $95 to $99.65 for the 2009/10 school year if the proposal passes. The rates would increase again for the 2010/11 school year to $104.55. The cost for full-time students taking 15 credit hours will increase by $79.75 per semester in 2009/10 and by $83.50 per semester in 2010/11, according to a news release.

“This isn't something we go into lightly,” said local campus spokesman Ed Reed. “We recognize that it's a tough time for everyone.”

The new tuition rates as well as a $10 per year increase in fees will be enacted at all Ivy Tech campuses across the state if the proposal passes a public hearing on July 16.

The money will be used to serve more students, hire more full-time faculty, add financial aid and student services staff, pay for higher utilities and maintenance costs, pay costs of opening new facilities, increase financial aid and pay for information technology, the release said.

Reed said the increase is a result of the state budget which passed at the end of June. He said even though Ivy Tech came out better than some other institutions it still wasn't enough to avoid a tuition increase. “We wouldn't have done this if we didn't have to,” he said.

Purdue University announced last week that all of its campuses, including IPFW, would see a 5 and 6 percent increase, depending on whether the student was an in-state resident, because of a projected $21 million funding reduction over two years. A public hearing will be held on it Monday.

Indiana University announced Monday that its campuses would also see a 4.6 percent for in-state undergraduate tuition and fee increases this year and 4.8 percent next year at IU Bloomington and Indiana University-Purdue University Indianapolis.

At IU's five regional campuses, in-state undergraduate tuition would go up 4.4 and 4.6 percent, respectively, in the next two years, according to a release. This is a result of cut in state funding. A public hearing will be held on this July 16.