Board of Regents Sets 2017-18 Tuition Rates
The Board of Regents (BOR) of the University System of Georgia (USG) approved tuition rates for the 2017-18 academic year at its April 18 meeting at College of Coastal Georgia.
The BOR approved a 2 percent increase in Georgia Tech’s undergraduate tuition for both residents and nonresidents. For graduate students, tuition will increase by 2.5 percent regardless of residency.
The BOR also approved a request from Georgia Tech to shift $100 per semester from the graduate student Special Institutional Fee to graduate student tuition. This is part of a multiyear effort to eventually eliminate the fee.
The Student Health Fee will increase by $5 for a total of $165 per semester. And each semester, $83 of the Student Activity Fee will be repurposed and split between the Campus Recreation Center ($51 per semester) and Student Center ($32 per semester).
Budget allocations for fiscal year 2018 were also approved, marking the sixth consecutive year the state has increased the overall USG appropriation. The FY18 budget includes $47 million in bonds for the first phase of construction of the Library Renewal Project.
The Committee on Real Estate and Facilities heard two Georgia Tech information items. The first was the Dalney Street parking deck and office building project. The project will be between Dalney and Greenfield Streets and will replace existing surface parking lots serving the surrounding area of campus. The office space portion of the project will be used by the Georgia Tech Research Corporation for sponsored research activity. This project is the next step in the long-term realization of Georgia Tech’s Eco-Commons. Financing for the project is anticipated to take place in FY18.
The second information item was for the Student Center renovation and expansion project. The project will involve renovation and demolition of parts of the existing center, ultimately creating expanded retail and dining options, enlarged recreational and entertainment areas, co-working space for student groups, additional meeting and event space, and outdoor space. Georgia Tech Facilities will contract for and facilitate the planning, design, and construction of the project. The project is years in the making and financing is not anticipated to occur before FY19. Learn more at reinnovation.studentcenter.gatech.edu.