Board of Visitors approves a $57.5 million budget
The Citadel Board of Visitors on Saturday, June 23 adopted an operating budget for the 2001-2002 academic year that totals $57,567,318. The budget covers the fiscal year that begins July 1, 2001 and ends June 30, 2002.
The budget includes a reduction in spending, a hiring freeze (some positions are excepted) and an increase in college fees of 8.5 percent for in-state students and 10.5 percent for out-of-state students to address cuts in state appropriations.
The board approved the fee increase in April. The costs of attending The Citadel next fall represent an overall 6.6 percent increase.
The higher fees mean that an in-state freshman will pay $13,806 for the 2001-2002 year and an upperclassman will pay $10,546. Out-of-state freshmen will pay $20,481 and upperclassmen will pay $17,221. Those figures include tuition and fees and room, board, uniforms and many other expenses.
Fees students in the College of Graduate and Professional Studies - The Citadel's civilian evening college - will increase 4 percent.
The hike is the first for in-state students at The Citadel in two years. While there was an increase in out-of-state fees last year, the college has not raised tuition for South Carolinians since 1999.