INCOME CHANGES
Income increases of $72,036,000 are projected for 2006-07. This amount includes $36,164,000 from projected tuition and fees increases for students at the University Park campus, the College of Medicine, and the Great Valley Graduate Center. It also includes $5,000,000 in other income.
Penn State is requesting a 10 percent increase, or $24,721,000, in its Educational and General line-item appropriation, plus an increase of $3,633,000 for Penn College. An additional $2,518,000 is requested for increases in its other line-item appropriations, including Agricultural Research, Cooperative Extension, and Medical Education. Overall, the total requested increase for all Penn State line-items will be $30,872,000, or 9.5 percent.
If the Commonwealth is able to provide these appropriation increases, tuition rates at Penn State’s 20 undergraduate campuses, including the Pennsylvania College of Technology, will be frozen at 2005-06 levels. The tuition rate increase for Pennsylvania resident students at the University Park campus will be 5.9 percent. The information technology fee will be increased by $12 per semester to support library resources and student computing and telecommunications needs.
