Student fees increase by lowest percentage in three
decades
The trustees have adopted an operating budget that
increases student fees for 2000-01 by 3.3 percent, a drop
from last year's 3.5 percent increase and the lowest
percentage increase in more than 30 years.
The $661 million budget is projected to be in
balance.
The trustees acted January 29 on budget recommendations
from President Shapiro, based on the recommendations of the
Priorities Committee. The new budget continues the
University's commitment to align increases in fees with the
rate of growth in family income.
Princeton's undergraduate charges will increase to
$32,636 next year. Tuition will be $25,430, an increase of
3.25 percent; the room charge will be $3,425, an increase of
5 percent; and board charges will be $3,781, a two percent
increase. Graduate tuition also will be $25,430; room and
board charges will vary according to graduate students'
residential and dining plans, but will increase at similar
rates to those for undergraduates.
Other initiatives
Among other initiatives approved in the 2000-01 budget
are additional funds to
• allow the Office of Career Services to add two
counselors and a support staff member in order to provide
better service to students and alumni, and allow Media
Services to add a staff member to assist in meeting rapidly
increasing demand for academic computing support;
• support network connections in all classrooms
jointly scheduled by the Registrar's Office and academic
departments;
• fund stipends for graduate students who will aid
faculty members in taking better advantage of new technology
in support of their teaching and research;
• address library acquisition needs and explore
alternative means of providing research materials required
by students and faculty;
• support professional development activities of
professional librarians;
• improve salary pools for faculty and staff;
• address staffing and programmatic needs associated
with the new Frist Campus Center;
• support operations of the new Fitness Center;
and
• enhance the meal plans available to students.
In its report, the Priorities Committee noted it had been
able to recommend these new initiatives in part because of
savings achieved through administrative reductions and
lower-than-anticipated increases in the cost of health
benefits.
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