Southwestern Oregon Community College offered two incremental price increases as a part of the annual budget planning process at the Monday Board of Education meeting.
COOS BAY, OR – Southwestern Oregon Community College offered two incremental price increases as a part of the annual budget planning process at the Monday Board of Education meeting.
Student Housing will go up $400 a year for private rooms and $330 a year for double rooms. The effective annual increase is about 6%. The last change in rates occurred January 2009 for the 2009-2010 academic year (approximately 6%) due to the increase in the cost of living. Prior to that, the rates had been frozen for three years. The increase in cost of living during the same interval was approximately 12%. This year’s increase effectively catches up the rates with the cost of living.
“It is good business sense to look at these incremental increases on an annual basis,” said Board member Harry Abel.
It is good business sense to look at these incremental increases on an annual basis,” said Board member Harry Abel.
The changes will become effective during the summer of 2010. It is projected the increase will result in $125,000 additional revenue for increased expenses including utilities and dining services. Additionally, the increase will support continued deferred maintenance costs and long term budgeting for anticipated preventive maintenance expenditures on the housing facilities.
The Oregon Coast Culinary Institute (OCCI) tuition and fees will also increase from $23,000 to $24,000 for cohorts starting in fall of 2010. Prior to January 2009, the last change in tuition and fees occurred in the 2005-2006 academic year. Despite the increase, the tuition at OCCI will still be less than that of competitor schools.
“This is a really a reasonable cost for what you can get out of the program,” said Board member Lonny Anderson. “OCCI has a lot of value.”
The additional tuition will provide OCCI money for maintenance and increasing utility and food costs.