Office of Enrollment Services
100 Admission Center
Morehead, KY 40351
BackgroundA Student Payment Plan Task Force was formed in June 2012 to carefully consider the current student payment plan process and develop improvement recommendations. The task force membership included broad campus representation from areas of fiscal management, student records, academic departments, information technology, and student financial aid. In the task force report issued in December 2012, it was recommended that MSU’s current tuition model be re-examined to explore the possibility of developing a model that is more efficient, effective and easier to communicate to prospective as well as current students. Based on the recommendation of the task force and after extensive discussion and analysis, we proposed to transition from a per-credit hour pricing approach to a full-time flat rate pricing structure in Fall 2013 for undergraduate students. Graduate students will continue to be charged tuition on a per credit hour basis under the new tuition model. However, one single per credit hour rate of $535 is proposed for all graduate students regardless of residency status or course delivery mode. The changes are structured to be revenue neutral.Advantages of New Tuition Model
Tuition Rate IncreaseOn April 18, 2013, the Council on Postsecondary Education (CPE) approved a 2013/2014 resident, undergraduate tuition and mandatory fee ceiling that equates to a maximum base rate increase of no more than 3 percent for all public universities. The base rate excludes CPE approved Special Use Fees. The Council also voted to maintain the existing floor for nonresident, undergraduate tuition and mandatory fees of at least two times the resident, undergraduate rate. On June 20, 2013, the Council approved the proposed new tuition model structure including the tuition increase previously authorized on April 18.
The tuition rate at Morehead State University does include a Special Use Fee previously approved by CPE on June 10, 2011. The Special Use Fee was approved for MSU to charge a $5 per credit hour (equivalent of $66 for 15 credit hours under current rate structure) student-endorsed fee dedicated to pay construction costs of the new Student Recreation Center. The recommended 2013/2014 tuition rate schedule includes a 3 percent increase in the undergraduate resident full-time base rate. Non-resident undergraduate rates are recommended at 2.5 times the resident rate. The rate increase was not applied to the part-time rate or the graduate rates as proposed with the tuition model changes. A summary of the tuition rate changes for resident undergraduate students is listed below:
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