Community College student enrollment in North Carolina is projected to increase by 16%, totaling 34,000 additional students, for fiscal year 2010-11.
Governor Perdue’s Community College Budget includes an $85 million expansion million to fully fund this rapidly growing enrollment. The Budget is 6% of the total operating budget.
On net, the Governor recommends expanding the Community College budget by $32 million, or 3.2 percent, over the spending plan approved in last year’s budget bill.
Major expansions and reductions include:
- $85 million in additional funding to finance anticipated enrollment growth of 16 percent
- $6.5 million in additional expenditures for the need-based financial aid program, totaling a 46% increase
- $2.5 million recurring spending expansion to address equipment, technology and training needs at the colleges
- An $8 per credit hour tuition increase will lessen the state’s support by $32 million. Twenty percent of the funds generated, however, would be set aside to fund need-based aid and Federal Pell grant program
- Mandates a $33 million (or 3.5 percent) community college flexibility reduction, used to make reductions on a case by case basis, specific to the college’s need
- $10 million reduction in state support due to an unanticipated $10 million extra in tuition and fee collections, due to sharp enrollment increase