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About 2006-2007 tuition
University of Colorado Boulder
About 2006-07 Tuition
GENERAL TUITION INFORMATION
This web site provides general information about changes in tuition
rates and major features of the 2006-07 rates. Tuition rates for all campuses of the
University of Colorado were set in early June 2006 by Board of Regent action.
Detailed tables of tuition rates and required fees are at the
Bursar’s Office website.
We are committed to offering a quality education to all students. The tuition we
collect is invested in these efforts. Besides substantial increases in financial
aid to maintain accessibility for Colorado students, tuition covers ongoing operating
costs and increases in those costs. Tuition revenues pay for recruiting and retaining
an outstanding faculty, library materials and resources, academic advisors, writing and
other courses, undergraduate research opportunities, classrooms, buildings and campus
infrastructure, and more.
2006-07 TUITION RATE CHANGES
Colorado residents
Rates for all undergraduate students who are Colorado residents increased an
average of 2.51% from the 2005-06 rates. This increase reflects inflation.
The above information reflects the student share of undergraduate tuition. In addition
to the student share of tuition, the state of Colorado provides state tax dollar
support for higher education at the undergraduate level through the "College Opportunity Fund"
or "COF." COF is neither a loan nor financial aid. It is reflected as tuition
on the student's bill. The COF voucher amount is worth $86 per credit hour
in FY07.
Rates for all graduate students who are Colorado residents,
increased an average of 9% from 2005-06, excluding any special tuition differential.
Out of state students
Tuition rates for new undergraduates not classified as Colorado residents for tuition
purposes increased an average of 2.50% over the 2005-06 rates, with an average increase
of .99% for new graduate level students.
Academic year 2005-06 marked the first year of the
Non-resident Undergraduate Tuition Guarantee Program.
Each year returning out-of-state undergraduates will pay the published rates for
2005-06, with those rates guaranteed through summer 2009.
CU-Boulder also implemented two financial aid programs for non-resident undergraduates in 2006-07.
- The
Chancellor's Achievement Scholarship offers $15,000 over four years to 25% of the
out-of-state admitted new freshmen. Started in 2005-06, the Chancellor's Achievement
Scholars receive $5,000 per year during the freshmen and sophomore years and $2,500 per
year during the junior and senior years.
- The
President's Scholarship began in 2006 and awards $40,000 to a select group within
those top students eligible for the Chancellor’s Achievement Scholarship.
BY-COLLEGE TUITION DIFFERENTIALS
Differences in tuition by-college at CU-Boulder support
the cost of education in the specific college -- faculty, student programs, and
other expenses. College differentials also reflect differences in the market worth
of the degree, and the popularity of the college.
On all three counts, Law, Business, and Engineering top other colleges at
CU-Boulder, and their differentials are accordingly higher.
- The cost of education is greater because
the need for higher faculty salaries often reflects their viable employment
opportunities outside academia at increased salaries.
- The market worth of the degree is greater,
with larger starting salaries for graduates.
- The popularity of the college is substantial, with more
applicants per entering-class slot than in other colleges.
Note: In this text the term “college” refers to
both colleges (e.g., College of Engineering) and schools (e.g., Leeds
School of Business, Law School).
FEES AND HOUSING
Individual fees are detailed at the
Bursar’s Office website. All fees follow the
Institutional Plan for Student Fees. Fees covered by this plan are administration,
student-activity, course-specific, program (instructional), and academic facilities
capital construction.
A double room with full meal plan in campus residence halls increased 4.0%. For more
information see
Housing and Dining Services.
PROCESS
Tuition is set within the campus budget planning
process and in conjunction with external entities including the Colorado
Commission on Higher Education (CCHE). A
budget timetable
highlights this process. The timetable shows activities
of the Colorado Commission on Higher Education, the Joint Budget Committee (JBC)
of the Legislature, the Legislature, the Governor, and the Board of Regents.
The campus
Tuition and Aid Advisory Board, established in 2004-05, includes representatives from
the faculty, administration, student government, the alumni association, and outside
the University. It reviews financial, enrollment, state, and peer information and recommends
tuition and financial aid alternatives to the Chancellor.
Note: The terms "resident" and "in-state" are
used interchangeably here, and mean Colorado resident for tuition purposes.
"Non-resident" and "out-of-state" mean "not a Colorado resident
for tuition purposes."
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