Facing budget problems, CNMC will increase tuition

ALBUQUERQUE, N.M. (AP) — Central New Mexico Community College will increase tuition and implement other cost-saving measures to counteract a budget shortfall of $3 million.

The Albuquerque Journal reports (http://bit.ly/1yAa9Yu) that the college announced this week that it will increase tuition for in-district residents from $18 to $25.50 per credit hour for many of its classes. Tuition for academic transfer courses will also increase by $1 per credit hour.

The college will not give raises to faculty or staff and will postpone eight capital projects.

CNM President Kathie Winograd said in a letter that lower state revenue, declining enrollment and a lack of property tax increases are to blame for the school's budget problems.

She said the capital projects will remain in limbo unless voters approve additional funding at local bond election next year.

___

Information from: Albuquerque Journal, http://www.abqjournal.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Related topics