Worried that a sour economy will drastically decrease the number of out-of-state admitted students who choose to enroll and consequently the amount of tuition coming in, the University of Maryland has accepted more nonresident students this year compared with last, the Diamondback reports.
The numbers:
- Nonresidents pay $21,637 a year; residents pay $6,566.
- Nonresidents make up 24 percent of the student body (70 percent of the student body must be in-state students, a Board of Regents policy dictates).
- Nonresidents make up more than half the university's tuition revenue. "We're dependent on the 24 percent to balance the budget," said John Blair, the university's director of budget and fiscal analysis.
- For every 1,000 in-state students enrolled instead of out-of-state students, the university loses $15 million, Blair said.
University officials say the school isn't necessarily hoping to boost the number of out-of-state students who enroll but instead is making an effort to maintain the current ratio.
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Bill of AZ 11:44PM March 08, 2009
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lee of MD 9:14AM February 27, 2009