ALBUQUERQUE, N.M. — Central New Mexico Community College’s Governing Board has approved a $295 million budget for the 2020 fiscal year.
The budget, which was approved Tuesday evening, includes tuition increases for some students and a 5 percent pay raise for faculty and staff. Students who go to the college to learn a technical skill, such as welding or plumbing, for the most part are the only students who will feel a tuition increase, according to budget documents.
CNM President Katharine Winograd said the budget also invests in expanding online courses.
In the 2020 budget, the cost of many Career Technical Education courses will go from $47 to $56 per credit hour for New Mexico residents, which brings the cost of those courses in line with other classes offered at the community college.