The boards of trustees for Indiana University and Ball State University have each approved increases in tuition and mandatory fees for the next two academic years. The Ball State board also approved an increase in the university’s salary funding pool.
Ball State says its 1.25 percent tuition increase is the smallest in more than 40 years. Board Chair Rick Hall says keeping the increase low is the result of "university-wide, cooperative strategic planning efforts that reflect a strong commitment to high academic quality and a pledge to keep education affordable."
The IU Board of Trustees approved a 1.4 percent increase in resident undergraduate tuition and fees for its campuses in Bloomington and Indianapolis. However, resident and nonresident undergraduate students at IU’s five regional campuses will see an increase of 1.9 percent.
"These recommendations for very modest increases reinforce our commitment to student affordability while allowing us to continue delivering a world-class education," said IU President Michael McRobbie. "This also helps advance a positive agenda for Indiana University’s future to produce more Hoosier graduates who have the skills necessary to succeed in today’s global job market and also ensures that students persist to graduation and complete their degrees on time, which are of central importance to the educational needs of the state."
Ball State says its board has approved a 2 percent increase in the salary funding pool for faculty and professional employees, with an additional $180,000 being specifically allocated toward faculty promotions. The university says, in total, about $4.7 million is being allocated for salary and salary-related benefit increases.