ALBUQUERQUE, N.M. — University of New Mexico officials will consider raising tuition or fees by a little more than $100 for about 17,000 students to help pay for the school’s online learning system by fall 2016.
Members of the university’s financial and enrollment teams presented that plan at the regent’s finance subcommittee Thursday morning.
Currently, students who take an online course pay an additional $33-per-credit hour when taking classes that are exclusively online. A normal class is three credit hours, which translates to a $99 fee. For a student taking a normal course load of 15 credit hours, that means roughly $500 in additional fees for those exclusively online. And that’s a problem for the university as it tries to compete with neighboring universities for students who take classes solely online. Roughly 2,000 students only take online classes and another 5,000 to 7,000 take at least one online class.
The new plan calls for charging $10-per-credit hour for online classes. To make up for the lost funding, undergrad students taking 15 credit hours would be charged an additional $107 in fees, a 14 percent increase from the current $750-per-semester. Those fees provide funding for bond projects and upkeep for the student health center, student government and athletics among others. Under the new plan, fees would go down or remain the same for about 10,000 students, and would go up for 17,000 students.