NO TUITION
INCREASE 12TH STRAIGHT YEAR
No tuition increase for students for the 12th straight year and pay raises for faculty and staff were the highlights of the 2023-24 Fiscal Year Budget .
$
89.2 million plan
“ will accomplish the college ’ s mission and keep us on sound financial footing ,”
said President Dr . Jim Richey
KEY ELEMENTS OF THE BUDGET INCLUDE :
• No tuition increase for students for the 12th
straight year , which corresponds to the time Richey has been EFSC ’ s president
• The total for tuition will remain $ 104 per credit hour for lower division courses for Florida residents
• The per credit hour charge for upper division courses for Florida residents will remain $ 128.51 , which is similar to other institutions in the 28-member Florida College System of which Eastern Florida is a member
• “ We strive to keep college education affordable and this shows our continued commitment to that goal . It is making a huge difference for our students and is something I ’ m personally proud of as president ,” said Richey .
• A 2-percent raise plus $ 1,000 for each faculty member in the third year of a three-year collective bargaining agreement with the United Faculty of Florida Brevard Chapter
• Adjunct faculty also received an additional 3-percent raise in compensation for each class they teach
• A 3-percent pay increase in base salary for all full-time and regular part-time non-probationary staff , the third straight year they have received a 3-percent pay hike
• The college also continued paying 100 percent of the premium cost for their base individual health plans
• The budget fully funds all academic programs and includes cost savings such as not filling unneeded vacant positions
• The budget benefited from $ 4.8 million in additional funds above last year ’ s appropriation from the Florida Legislature
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