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KCTCS regents to raise tuition
[March 14, 2009]

KCTCS regents to raise tuition


(The Daily Independent (Ashland, Ky.) Via Acquire Media NewsEdge) Mar. 14--VERSAILLES -- The Kentucky Community and Technical College System Board of Regents approved a $4 per credit hour increase in tuition for the 2009-10 academic year during its quarterly meeting Friday.



The tuition ceiling for all public postsecondary institutions was established by the Council on Postsecondary Education last week during its quarterly meeting.

KCTCS tuition will increase from $121 to $125 per credit hour for in-state students and from $390 to $425 per credit hour for most out-of-state students.


The KCTCS budget has been reduced seven times for a total of $35.9 million since 2001. Reductions in KCTCS' 2008-09 state appropriation resulted in no salary increases for faculty and staff, 240 fewer full-time and part-time positions, a decrease in programs and services, and for the first time in the system's 10-year history, a 3.1 percent decline in 2008 fall enrollment.

"KCTCS is doing what the majority of households across that state are doing ... we are tightening our belts and focusing our resources on core programs and services that have the most impact on our students and communities," said KCTCS Board of Regents Chairman Richard A. Bean.

The additional tuition revenue for 2009-10 generated by tuition rate growth ($5.6 million) will be available to the KCTCS Board of Regents in developing the 2009-10 operating budget. The additional revenue is sufficient to fund fixed cost increases in employee benefits, utilities and property insurance cost increases and the cost of faculty promotions.

Regents also approved a change in the employment status categories and retirement benefits for KCTCS faculty and staff. The approved policy regarding employment status reduces the employment categories from seven to two primarily by eliminating tenure for faculty and continuing employment status for staff for appointments effective on or after July 1. All future KCTCS employees will be either hired on a contract or "at will' basis.

A change to the employee retirement policy was also approved that eliminates post-retirement health insurance benefits and requires a five year vesting period for an employee to be eligible to receive accrued benefits from employer contributions to 403 (b) plans for those appointed on or after July 1. This change will result in a projected ten-year savings of more than $60 million.

To see more of The Daily Independent or to subscribe to the newspaper, go to http://www.dailyindependent.com.

Copyright (c) 2009, The Daily Independent, Ashland, Ky.

Distributed by McClatchy-Tribune Information Services.

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