KU will seek approval of the final year of its five-year tuition plan at this month's meeting of the Kansas Board of Regents. The first four years of the plan have yielded outstanding results, including millions of dollars for need-based tuition grants, new funding for high-priority academic program enhancements, increased classroom technology, scientific equipment and library resources and increased student retention.
About 20 percent of the tuition enhancement funds are used for need-based KU Tuition Grants, a feature Chancellor Robert Hemenway lauded for helping students of all financial backgrounds attend KU. In fiscal year 2006, $7.06 million was set aside for the grants at the Lawrence campus and $1.07 million was set aside at the KU Medical Center.
Highlights of the program in FY06:
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$2.4 million set aside for new faculty positions/programs
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$2 million earmarked for faculty salary increases
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$900,000 set aside for unclassified staff salary increases
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$1 million earmarked for libraries
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$1 million for other operating expenses to schools
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$800,000 was reserved for new staff positions and program support
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$750,000 was tabbed for both student hourly wages and new GTA/lecturer positions
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KU's tuition remains lower than the average among members of the prestigious American Association of Universities.