DACC board to discuss increase in tuition
DANVILLE — Danville Area Community College students would pay a little more to take classes under a proposed tuition and fee increase.
Trustees on Thursday will discuss raising tuition from $108 per credit hour to $110 and the technology and student activities fee from $12 per credit hour to $15.
The board won't vote on the proposal until its regular meeting in March. If it's approved, the increase would take effect in time for the summer semester.
Under the proposed hike, a full-time student with a class load of 15 hours a semester would pay an additional $75 per semester. The proposal would generate about $200,000 in additional revenue for the college, if enrollment remains at the current level.
President Alice Jacobs said the increases are needed to help offset projected decreases in state funding, the end of an income tax increase and increased employee costs driven by the implementation of the Affordable Care Act in January.
"The college has always been able to respond to the needs of the community," Jacobs said. "We need to make sure we have the resources to be able to continue doing that."
In past years, tuition and fees, property taxes and state revenue each accounted for about one-third of the college's operating budget revenue. However, that's shifted with the decline of state funding and local property tax revenue, said Chief Financial Officer Tammy Clark-Betancourt.
"We're really unsure as to what's going to happen with our state funding because of the overall state financial situation," Clark-Betancourt said. "Then, on top of that, there's the possibility of the state income tax increase going away."
This year, tuition and fees made up about 39.8 percent of the college's operating fund revenue of about $6.1 million. Local property tax made up about 30 percent, and state funding accounted for 28 percent.
The proposed increase would make DACC's tuition slightly higher than the average tuition and fees for other Illinois community colleges, which is $113 per credit hour.
About 90 percent of DACC students receive some financial assistance through DACC Foundation scholarships, federal Pell grants or state Monetary Award Program grants.
What: Danville Area Community College Board of Trustees meeting
When: 7 p.m. Thursday (Feb. 20, 2014)
Where: Vermilion Hall, Room 302, at the campus, 2000 E. Main St.