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Archive for Tuesday, June 23, 1992

REGENTS TO CONSIDER BUDGET HIKE

June 23, 1992

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The Kansas Board of Regents will consider requests Thursday to increase state university budgets and tuition rates in fiscal 1994 and set salaries for top university officials.

The board's meeting in Topeka is scheduled to begin at 8:20 a.m. in Suite 609, Capitol Tower, 400 S.W. Eighth.

The six regents' universities and the board's office will submit budgets that would increase spending by $118 million during fiscal 1993. FY 1994 begins July 1, 1993.

Of $114.2 million requested by the universities, $40.9 million is for items of systemwide significance that were approved by regents in May.

The remaining $73.3 million is for special enhancements that will be sought this month by campus officials.

The enhancement money would be used to raise faculty salaries to 100 percent of the average faculty salary at peer institutions, increase university operating budgets to 95 percent of peers and finance hiring of additional minority faculty.

The regents' Tuition and Fees Committee will present its strategy for coupling tuition increases with improvements in state funding for student financial aid.

The committee recommended tuition at KU increase 8 percent for most students. Under the plan, a KU resident undergraduate would pay $786 a semester. A non-resident would pay $3,039.

Committee members endorsed creation of a $2.3 million need-based grant program for students at regents' universities and a tuition waiver program for non-resident athletes and other talented students.

Another element of the plan would establish a $20 per credit hour fee paid by law students.

Regents will announce July 1 raises for KU Chancellor Gene Budig, five state university presidents and the board's executive director. Budig made $135,000 this fiscal year.

The board also will receive a report from three regents responsible for nominating a board member to succeed Chairman Jack Sampson.

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