At its regular meeting on Friday, April 5, at CU system headquarters in downtown Denver, the University of Colorado Board of Regents voted to approve tuition and fees for the 2019–20 academic year, merit pool increases for faculty and staff, and more.
2019–20 tuition, compensation pool approval
The board voted to approve a portion of the budget for the 2019–20 academic year. The resolutions passed, including the following:
- A zero percent change in tuition and slight decrease in mandatory fees for incoming resident freshman and transfer students and continuing resident undergraduates on the CU Boulder campus.
- A three percent increase in tuition for incoming nonresident students
- A three percent merit pool increase for faculty and staff
For complete coverage of tuition and fees, see the 2019–20 tuition announcement.
The remainder of the 2019–20 budget, as reviewed to be approved in June, would include investments in increases in general operating expense to include graduate stipend increases, enrollment growth, libraries, information technology, utilities, an emergency stabilization fund in the event of a change in economic circumstances, and the strategic initiatives in which CU Boulder is investing for the future of the campus.
Social climate survey
Pat O’Rourke, CU system vice president, university counsel and secretary of the Board of Regents, provided an update on the systemwide social climate survey. He reported he has engaged the Association of American Medical Colleges (AAMC) and the University of Massachusetts on a diversity engagement survey they have designed and tested.
This survey would address concerns about the prior survey in that it is a validated survey with benchmarking, only 22 questions, eight dimensions of an inclusive organization, and will include reporting along internal, external and organizational traits. It will allow for actionable results, and the University of Colorado Faculty Council has endorsed the approach.
The Board of Regents directed Rourke to proceed with getting the survey finalized and implemented.
Full details on all presentations are available on BoardDocs.