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Tuition and Fees > About
2007-2008 tuition
University of Colorado Boulder
About 2007-2008 Tuition
This website provides general information about changes in tuition
rates and major features of 2007-2008 tuition and financial aid.
Tuition rates for all campuses of the University of Colorado were
approved at the end of June 2007 by Board of Regent action.
Detailed tables of tuition 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 will be invested in these efforts. Besides
substantial increases in financial aid to maintain accessibility for
Colorado students, new revenues will be used to cover 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.
Colorado resident undergraduates
Tuition rates for Colorado resident (in-state) undergraduates
changed from 2006-07 with
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an increase in the full-time rate of 19% or
$864 per academic year
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a change so that students taking 9 or 10
credit hours in a semester are now charged less than the full-time rate.
The part-time or per-credit-hour rate, for students taking 10 or fewer
credit hours, increased 2% or $5 per credit hour
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an increase in the college differential for Engineering;
see the section
By-college tuition differentials,
below.
The above information reflects the student share of 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 $89 per credit hour
in FY08.
To maintain accessibility, CU-Boulder has implemented three financial
aid programs for resident undergraduates for 2007-08:
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The AY08 Tuition Adjustment. All undergraduate
resident students enrolled for 11 or more credit hours per term will receive a credit of $200 for the year ($100 per
term) listed on bills as the AY08 Tuition Adjustment. This
adjustment reduces the change from 2006-07 to under 15%.
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The
Chancellor's Citizenship Scholars Program.
This competitive program
awarded $25,000 over four years to each of 25 new freshmen who demonstrate academic
excellence, show a commitment to the principles of the Colorado Creed,
and contribute to campus diversity.
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The UCB Tuition Grant. Resident undergraduate students with demonstrated
financial need (about 40% of all resident undergraduates) who are
enrolled for 10 or more credit hours per term will receive a separate
financial aid award listed as the UCB Tuition Grant. This program is as directed in State
of Colorado budget legislation signed by the governor in May 2007.
These awards, when coupled with the AY08 Tuition Adjustment and other
grants and scholarships, will for these students limit to 5%
the effective tuition increase from 2006-07 for the same school or
college and credit load. The maximum amounts
per academic year are listed below; exact amounts will depend on the
student's financial need and other grants and scholarships.
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Arts and Sciences, Architecture
and Planning, and Education $436 ($218/term)
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Business $816 ($408/term)
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Engineering $1004 ($502/term)
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Journalism and Music $458 ($229).
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Note: The programs above are for
Boulder campus degree-seeking and teacher licensure students.
They are based on credits taken on the main campus only; continuing
education hours are not included. The UCB Tuition Grant is not
available to students seeking a second bachelor's degree or to
students with under $200 in demonstrated financial need for the
academic year after the application of all other aid.
The AY08 Tuition Adjustment, Chancellor's Citizenship Scholar Program, and UCB Tuition
Grant supplement ongoing aid programs including the CU Promise, part of CU's performance contract with the
Colorado Commission on Higher Education. The CU Promise covers
Colorado undergraduates from families
at or below the federal poverty line who enter CU-Boulder as new
freshmen or transfers from Colorado community colleges. For these
students, grants plus a work-study award will cover the cost
of tuition, required fees and estimated books. About 60 new
students are covered by the CU Promise each year.
As in past years, more than
20% of revenues from increased tuition rates will be used for
need-based grants. The programs for 2007-08 will significantly increase the amount
of grant aid from institutional funds.
Colorado resident graduate and professional students
Resident graduate tuition rates increased 7% from 2006-07, with an
increase in college differentials for Engineering and Law. In
addition, Law introduced differential tuition rates for students in
their first and second years. See the section
By-college tuition differentials,
below.
Out of state undergraduates
Tuition rates for undergraduates not classified as Colorado residents
for tuition purposes have been covered by the non-resident undergraduate
tuition guarantee program since 2005-06. Rates for students entering summer 2007
through spring 2008 are about 5% or $1,130 higher than those for students
entering the prior year, with an increase in the college differential
for Engineering.
Click here for details of the non-resident undergraduate tuition
guarantee. See also the section
By-college tuition differentials,
below.
The
Chancellor's Achievement Scholarship offers $15,000 over four
years to the top 25% of out-of-state admitted new freshmen. The
program, started in 2005-06, awards $5,000 per year during the
freshman and sophomore years and $2,500 per year during junior and
senior years.
Presidential Scholars are a select group drawn from
Chancellor's Achievement Scholars. Presidential Scholars receive
a $10,000 annual tuition reduction for four years, totaling $40,000.
Effective with the 2007-2008 year, the $10,000 will not appear as an
award on the student's financial aid award letter. Instead,
it is directly reflected on the Presidential Scholars' tuition bill. Presidential Scholars'
tuition will be $10,000 less per academic year ($5,000 less per term) than what
other non-resident undergraduates will be charged.
Click here for the Presidential Scholar tuition rate table.
The Presidential Scholar program began in 2006-07.
Out of state graduate and professional students
Tuition rates for graduate students not classified as Colorado
residents for tuition purposes increased 1% from 2006-07, with an
increase in the college differential for Engineering. See the section
By-college tuition differentials,
below.
By-college tuition differentials
The by-college tuition
differentials at CU-Boulder have been in place for many years. The
revenue from the differentials supports the cost of education in the
college -- faculty, student programs, and other expenses. The differentials reflect differences in the cost of education, 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.
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The cost of
education is higher because faculty salaries in these fields are
higher at CU-Boulder and across the country because these faculty
often have viable employment opportunities outside academia at higher pay.
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The market worth of
the degree is higher, with higher starting salaries for graduates.
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The popularity is
higher, with more applicants per entering-class slot than in other
colleges.
The 2007-08 tuition rates reflect greater percentage
increases for Engineering (graduate and undergraduate, in-state and
out-of-state) and for first-year in-state Law students.
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
include administrative, student activity, course-specific, program
(instructional), and academic facilities capital construction fees.
Mandatory student and administrative fees for full-time students
increased 11.8% or $128 per year from 2006-07.
A double room with full meal plan in campus residence halls increased
9.5% or $788 per year. 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 Department of
Higher Education (also known as the Colorado Commission on Higher
Education or CCHE). A
budget timetable
highlights this process. It also shows activities of the campus, the Joint Budget Committee (JBC) of the legislature, the legislature,
the governor, and the University of Colorado Board of Regents.
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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