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CSU Bakersfield Announces Tuition Reduction With Passage of Proposition 30
November 07, 2012California State University Bakersfield will avoid a $4.1 million mid-year budget cut after voters' approval of Proposition 30, and will start the process of rescinding the $166 per quarter tuition fee increase already in place. With the passage of Proposition 30, the CSU system's overall state budget will essentially remain flat for the remainder of this fiscal year, but state funding for the system is still approximately $1 billion less than several years ago.
"The passage of Prop 30 will help to stabilize our budget in an era of massive state government cuts to education. While it will not provide any new funding for the CSU, it will prevent an additional 'trigger cut' of $250 million in January," said President Dr. Horace Mitchell. He continued, "CSU Bakersfield is committed to being a driver of California's economic future by preparing the well-educated work force needed for its recovery and development. The long-term benefits can only be realized if education remains a high priority. I am hopeful that this heralds the beginning of the state's willingness to once again invest in public education at all levels, including higher education."
The CSU Board of Trustees had previously approved a contingency plan to rescind a $166 per quarter tuition fee increase that took effect for the fall 2012 term. Annual tuition fees for full-time undergraduate students will now revert back to $5,472 – the same rate as in the 2011-2012 academic year. Students will either be credited, refunded or receive a reconfigured financial aid package to account for the revised tuition fee rates. However, refunding the student fees will mean a reduction of $132 million in the CSU budget and approximately $2.6 million in the CSUB budget for the current year.
At CSU Bakersfield, admissions for new students seeking admission are expected to see a slight increase for the 2013-2014 academic year. The CSU system had held applications from new students pending the outcome of Proposition 30, which has a direct impact on funded enrollment targets. Campuses, including CSU Bakersfield, will now immediately begin to review applications for new student admissions for the fall.
For more information about CSU Bakersfield please visit www.csub.edu.