Colorado Mountain College increases tuition for nursing students, releases budget proposal
May 20, 2014
Colorado Mountain College's Board of Trustees recently made changes to tuition that will affect the college's nursing students.
At the board's meeting Thursday, May 15, at the Breckenridge campus, trustees approved a $40 tuition differential for the pending bachelor's degree in nursing and asked staff to create a financial aid program for in-district students who would be impacted.
According to a news release, trustees heard that even with the tuition differential, the proposed bachelor's in nursing will be the most affordable degree of its kind in the state for in-district students. The college expects to hear later this summer from its accrediting body about whether the degree has received final approvals.
The meeting also included the first formal hearing of the fiscal year 2014-15 budget. Consistent with state law, the budget will receive a third and final review and trustees will take formal action to adopt it at their next meeting, which will be June 18 at the Steamboat Springs campus.
The draft of the general fund operating budget, at $56.3 million, reflects a 1.8 percent increase over the current year's budget, in line with inflation.
The 2014-15 budget is based on projections that enrollment will increase by at least 2 percent and state-based financial aid will grow by at least 50 percent.
The draft budget is available for viewing at any CMC location or by going to the college's website. To download the document, go to http://www.coloradomtn.edu/web/about-cmc/board_of_trustees/budget_audit.
The board also approved a program fee of $400 for the college's sustainable cuisine program to cover the cost of books and culinary supplies. And trustees approved the foreword to the college's new policy manual, board meeting dates for next year and quarterly financial statements.