Wed September 12, 2012
USNH Board Approves Budget Request; Tries To Strike Deal With Lawmakers
The University System of New Hampshire’s board of trustees is requesting that the legislature restore its state funding. At a board meeting Tuesday they approved a budget request for the near-$50 million that was cut last year. In exchange for the funds, the USNH is offering to freeze tuition for two years.
University chancellor Ed MacKay says that New Hampshire’s tuition costs are among the nation’s highest not because of inefficiencies, but because of a lack of funding from the state.
The problem with the price we need to charge NH residents is not our underlying cost structure, it's with the relative lack of a subsidy. In other states, that reduces the price that students in those states need to pay.
MacKay says that should the funding be restored, most would go toward financial aid and the tuition freeze.