Map A to Z Index Search CU Home University of Colorado
 
  Strategic Planning Institutional Research and Analysis Campus Budget and Finances About PBA

PBA Home > Campus Budget & Finances > Tuition and Fees > About 2008-2009 tuition

University of Colorado Boulder
About 2008-2009 Tuition

This website provides general information about changes in tuition rates and major features of 2008-2009 tuition and financial aid.  Tuition rates for all campuses of the University of Colorado were approved at the end of April 2008 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 2007-08 with

  • an increase in the full-time rate of 9.3% or $504 per academic year

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 $92 per credit hour initially in FY09.

To maintain accessibility, CU-Boulder has several financial aid programs for resident undergraduates. These programs 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.   All aid applicants who demonstrate at least $200 of need are awarded an institutional grant to ensure that the effective tuition increase from 2007-08 is no more than 5%.  

Programs include the UCB Tuition Grant and 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.

For more information on financial aid, see http://www.colorado.edu/prospective/counselors/finances/index.html.

More than 20% of revenues from increased tuition rates (over inflation) will be used for need-based grants. 

Colorado resident graduate and professional students

Resident graduate tuition rates increased 7.8% from 2007-08, with an increase in college differentials for the MBA and Law. In addition, Law introduced differential tuition rates for students in their first, second and third years, and Business 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 2008 through spring 2009 are 7.7% higher than those for students entering the prior year. 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. 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 3.8% from 2007-08, with an increase in the differential for the MBA in business.  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. 

  • 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.

  • The market worth of the degree is higher, with higher starting salaries for graduates.

  • The popularity is higher, with more applicants per entering-class slot than in other colleges.

The 2008-09 tuition rates reflect greater percentage increases for first-year in-state MBA and Law students, and out-of-state MBA 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). 

Changes in financial aid rules

Legislation passed in 2008 allowed students to borrow more in unsubsidized Stafford Loans.  . Undergraduate students were able to borrow an additional $2,000 a year starting July 1, 2008. This meant dependent undergraduate freshmen could now borrow up to $5,500 a year in Stafford Loans (unsubsidized and subsidized), up from $3,500, and a junior or senior could borrow $7,500, up from $5,500. Independent undergraduates, who could already borrow an additional unsubsidized Stafford amount of $4,000 or $5,000 depending on class year, could now borrow $6,000 or $7,000 more.  Source: http://chronicle.com/article/In-Credit-Crunch-Students-and/48584.

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 11.4% or $139 per year from 2007-08, largely due to phasing in of the capital construction fee.

A double room with full meal plan in campus residence halls increased 8.5% or $772 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 (with its 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."

Last revision 08/16/13


PBA Home  |   Strategic Planning  |   Institutional Research & Analysis |  Budget & Finances  | 
Questions? Comments? |  Legal & Trademarks |  Privacy
15 UCB, University of Colorado Boulder, Boulder, CO 80309-0015, (303)492-8631
  © Regents of the University of Colorado