Students attending the College of Charleston in the fall likely can expect to pay more: Both in- and out-of-state tuition could jump 3.2 percent under a plan approved Friday by a board committee.
Under the proposed budget, undergraduate in-state tuition would increase $328, from $10,230 to $10,558 per year, and out-of-state tuition would increase $854, from $26,694 to $27,548.
Graduate tuition would also increase, from $11,254 to $11,614 for in-state students and from $29,364 to $30,304 for out-of-state students.
The Board of Trustees' Budget and Finance Committee unanimously approved the increases, which will be recommended to the full board for approval June 9.
College of Charleston is now the sixth most expensive school for in-state tuition and fourth for out-of-state tuition among the 13 South Carolina four-year public universities, rankings that would remain the same under the projected increase.
Outgoing College President George Benson said the college is devoting very little money to new programs. Instead, most of the extra money brought in by the tuition increase would go toward the rising costs of existing expenses, such as building rent and leases.
"The increase is necessary because our costs continue to increase, so we have some mandatory expenses that we have to cover," said Stephen Osborne, the college's executive vice president for business affairs. "These are really to cover our inflationary costs and mandated increases."
Osborne said there were no significant or unexpected changes in the proposed 2014-2015 plan.
"Really, the amount that we're changing our budget is fairly minimal this year," he said.
For 2013-2014, College of Charleston tuition increased by 3.16 percent for in-state students and 5.5 percent for out-of-state students over the previous year.
Osborne said he didn't expect much backlash from students or lawmakers over the projected increase, which would be within the level recommended by state Sen. Hugh Leatherman, chairman of the Senate Finance Committee.
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