The Texas Woman’s University Board of Regents on Friday approved a 3.9 percent increase in tuition rates beginning this fall, raising the cost for students an additional $8.12 to $138.32 per semester credit hour.
In addition to tuition increases, the board also approved increasing three student fees, which total $6.56 per semester credit hour.
This is the third year in a row the board has voted to increase tuition, and the highest increase since 2011 when tuition increased by $10 per semester credit hour.
The increases will cover rising costs and fund efforts to hire more full-time faculty as part of a four-year initiative that began in 2013, said Brenda Floyd, vice president for finance and administration.
It will also help pay the faculty who are already at the university, whom she said have been underpaid compared to their peers at other institutions for four or five years. While a study is still underway, she said officials anticipate increases in compensation.
The largest increase in student fees will be for the student union fee, which will increase from $35 a semester credit hour to $38 this fall.
The student service fee will also increase $2.21 per semester credit hour to $31.25, up to a maximum of $250 per semester. The technology fee will increase $1.35 a semester credit hour to $17.35.
The meeting was the last for Chancellor Ann Stuart as well as the last meeting for Richard Nicholas, vice president for student life, and student regent Joleesia Berry.
Both Stuart and Nicholas plan to retire at the end of the spring semester, and Berry’s appointed term is now complete.
All three delivered remarks at the meeting thanking the board for its work, and Stuart and Nicholas reflected on their time at the university.
At the conclusion of the meeting, Stuart presented the regents with wooden boxes that had an engraved silver lid with TWU’s logo and thanked them for their service.
In turn, they presented her with a scarf — she had refused anything crystal or for her home, chairwoman Sue Bancroft joked.
“You are the best Board of Regents,” Stuart said after opening the gift. “Thank God that Rick Perry gave us you all.”
JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaFDuncan.