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Campus News
     
Your faculty and staff news since 1965
April 19, 2004
Volume 39, Number 14

Regents set compensation


By Karen Wentworth

The UNM Board of Regents has passed a 12.8 percent tuition increase, to become effective for the 2004 fall semester. The vote capped a month long process that included a campus wide Budget Summit to discuss the impact of various levels of tuition increase. During the Summit, several budget scenarios were discussed, and subsequently revised, resulting in the final number.

The tuition increase will pay for a 5 percent overall increase in staff and faculty salaries. During the next few weeks individual departments will allocate salary increases. Current guidelines from the Board of Regents say that any increase of less than 2 percent or greater than 8 percent must be justified to the provost or appropriate vice president.

Associated Students of the University of New Mexico President Jennifer Onuska says, “12.8 percent is higher than the students wanted, but there was a good chance that students were facing an even higher tuition increase.” Some of the money raised by the increase will fund additional faculty positions, and it will allow the university to increase the employer contribution for health insurance to 80 percent for employees making less than $25,000. This increase also includes additional funding for graduate and technical assistants and more than one-half million dollars to increase funding of need-based scholarships.

Regent Mel Eaves made the motion for the increase saying that everyone involved with the university “must work hard during the next year to make sure the legislature does not take credit for the tuition increase.”