NORMAL — A tuition increase of about 2 percent for incoming students and possibly the selection of the next president of Illinois State University are among topics the ISU Board of Trustees will consider at its meeting Friday.
ISU Chief of Staff Jay Groves said the board met for about four hours Saturday to discuss the four finalists to succeed President Al Bowman.
“There’s a strong possibility that on Friday they will reach a conclusion,” Groves said. “Whether that will be announced, I can’t say.”
This will be Bowman’s last board meeting as president. He announced in December that he would step down at the end of the school year for health reasons.
The meeting will begin at 9 a.m. in the Old Main Room of the Bone Student Center.
The proposed tuition increase would bring the per-credit hour charge for new in-state undergraduates to $342, up from the $335 paid by new undergraduates in fall 2012, an increase of 2.1 percent.
New out-of-state undergraduates would pay $590 per credit hour, up from $578, also a 2.1 percent increase.
Under the state’s Truth-in-Tuition law, the rates would stay the same for this fall’s incoming students through summer 2017.
Housing and fee increases also are on the agenda.
ISU spokesman Eric Jome said the university is “trying to keep things affordable but also look at what sort of revenue we need.”
Diminishing state aid has made that a challenge, he said.
Trying to find new ways to generate revenue, other than tuition increases, is one of the goals of the long-range financial plan being developed. The task force is led by Vice President of Academic Affairs and Provost Sheri Noren Everts and Vice President for Finance and Planning Dan Layzell.
In-state graduate student tuition would increase from $308 to $345 per credit hour and out-of-state graduate student tuition would rise from $639 to $716 per credit hour. The jump of a little more than 12 percent is part of a multi-year plan to bring greater parity between undergraduate and graduate rates, according to university leaders.
The truth-in-tuition law does not apply to graduate student tuition.
Friday’s agenda also includes a proposal to expand the scope of the Felmley Hall heating conversion project to install a more efficient heating and cooling system and a proposal to authorize planning for the first phase of a renovation project at the Bone Student Center.