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President Smatresk proposes two tuition options

President Neal Smatresk unveiled an innovative tuition proposal that would start with the 2014-15 academic year and offers up to a $4,000 incentive for students who graduate in four years. The plan also would help students and their families better project the cost of their education.

Known as the Eagle Express, the proposal fixes the cost of tuition and mandatory fees for up to four years for undergraduate students, after a 10 percent initial increase. It also offers them a significant incentive during their last semester, based on the amount of hours they complete at UNT and if they graduate within the allotted time. The $1,000 to $3,000 incentive will be staggered depending on how many hours a student takes at UNT and how soon they graduate. Students who graduate in four years or less also may be eligible for a $1,000 statewide “on-time” tuition rebate.

Students who get on the Eagle Express plan and earn the graduation incentives could effectively pay the same price for four years as they would pay at today's prices.

The proposal is not final and requires approval by the UNT System Board of Regents, which meets March 20.

During a public hearing March 6, Smatresk told current students they would have one opportunity to opt in at the beginning of the fall 2014 semester.

“We want to improve retention, we want to shorten the path to success so students graduate and get out into the workforce,” Smatresk said. “We want to graduate more students, and we want them to graduate sooner. We want to build a culture that promotes success for students in a short period of time.”

He also proposed a second option that sets a 3.9 percent annual increase to the cost of education.

 

Posted on: Thu 06 March 2014

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