TROY, AL (WSFA) - Troy University has issued a new tuition and fee schedule that will take effect fall semester 2011.
The University will increase undergraduate tuition from $216 to $235 per credit hour and graduate tuition from $246 to $290 per credit hour. The general student fee will increase from $24 to $28 per credit hour and the Dining Dollars charge paid by commuter students on the Troy Campus will increase from $100 to $200 a semester.
Tuition for classes taken through eTROY, the University's distance learning division, will increase from $250 to $260 per undergraduate credit hour and from $420 to $440 per graduate credit hour.
In addition, the University is increasing costs for on-campus housing, raising the semester costs of traditional dorm-style rooms from $1,310 to $1,350, a $40 increase, to a $75 increase for the newest campus housing complex, Trojan Village, from $2,455 to $2,530 a semester. Meal plans will increase by $45 a semester, from $1,420 to $1,465.
In addition, the new schedule implements an $8 per credit hour technology fee for students enrolled in distance-learning courses and in all TROY locations outside of Alabama.
Dr. Jim Bookout, Senior Vice Chancellor for Finance and Business Affairs, said continued decline in state appropriations was the primary reason for the increases. Dr. Bookout pointed out that Troy University's annual state allocation has dropped from $62, 150,763 in 2008 to 46,275,807 in 2012.
"We have worked hard to manage our costs at Troy University through a combination of initiatives such as hiring freezes and reduction of travel for faculty and staff, but given the condition of the national economy and continued decreases in state funding, it is apparent that we have no choice other than to raise tuition," Dr. Bookout said. "We worked hard to keep the increase to a minimum."