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New Tc3 Budget Increases Tuition Costs 3%
Friday, June 21, 2013
New Tc3 Budget Increases Tuition Costs 3%
Tompkins Cortland Community College Trustees have adopt $38.3 Million budget that increases the amount of money that taxpayers in both counties contribute, and raises tuition over 3% for next year.
 
The budget which covers the upcoming academic year starting September 1st includes a 3.6 percent increase in full-time tuition, that’s a $150 increase over the current year. Full time tuition will go from $4,150 to $4,300 per year. Part time tuition will go up 3 percent increasing from $147 per credit to $152 per credit. 
 
The budget includes a 3% increase in total taxpayer, for Cortland County taxpayers that amounts to a $47 thousand dollar increase over the current year’s funding levels. Cortland County’s share of the $38.3 million dollar budget will be $1.6 million, Tompkins County’s share is $2.8 million, the county contributions are prorated based on the number of students attending from each county. Out of county students are charged a higher rate to attend. TC3 is struggling with a 2% decline in enrollment, including those out of county students which decreases revenue for the college.
 
Blixy Taetzsch Dean of Operations and Enrollment says while traditional enrollment is down, concurrent enrollment or students who are attending college while earning their high school diploma is up. There is also increased interest in the college’s new Culinary Arts and Susatinable Agriculture programs.
 
While the college is in line for a nearly 7% increase in state aid, it is still recovering from a 20% decrease in state aid in 2009.   
 
Some of the costs driving the budget include increase in employee health insurance rates and increased pension costs.
 
Taetzsch says this budget also includes money for new equipment purchases which have slacked off over the last couple years. 
 
The Tompkins and Cortland counties legislatures and the SUNY Board of Trustees must still approve the budget.
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