Notes from the May 16, 2003 Regents Meeting
by George Zamora
SOCORRO, N.M. May 19, 2003 -- The New Mexico Tech Board of Regents has approved a
five percent tuition increase for in-state undergraduates and graduate students attending
the research university, raising tuition for full-time resident undergrads from the
current $1,026 per semester to $1,077 per semester, effective at the start of the
upcoming 2003-2004 academic year.
The boost in tuition combined with associated increases in some of the various fees
students pay at New Mexico Tech works out to a total cost increase for in-state undergrads
of slightly more than $84 per semester.
With the latest tuition hike, out-of-state undergraduate students attending the university
will pay an additional four percent in tuition this coming fall semester (increased
to $4,297 per semester).
With the approved five-percent increase, resident graduate students attending New
Mexico Tech on a full-time basis will now pay $1,138 per semester in tuition, while
non-resident graduate students will pay $4,584.
During the board's May 16 meeting, New Mexico Tech President Daniel H. López assured
the regents that even with the tuition and fee increases they approved, costs associated
with attending New Mexico Tech will continue to remain the lowest among the state's
three research universities.
In other actions taken during its monthly meeting, the Tech Board of Regents also
approved the university's proposed operating budget for Fiscal Year 2003-2004. The
approved budget totals $140 million.
In other official actions, the New Mexico Tech Board of Regents also approved the
following measures:
- the establishment of an administrative policy on H-1B and J-Visas;
- the adoption of an internal auditing policy; and
- the purchase of six four-wheel-drive vehicles for the university's Energetic Materials Research and Testing Center (EMRTC) at a total cost of $167,664.
Tech Regents were also informed that a 120-ton hydraulic crane had recently been purchased
by EMRTC with restricted funds to support contract work being conducted at field sites
within the research facility.
In addition, the regents were told that New Mexico Tech had recently entered into
two outside contracts with Sekos, Inc. and Yale University to support research being
conducted by the Tech biology department.
The New Mexico Tech Board of Regents was also informed that a nine-month sabbatical
leave had been granted to Tech materials engineering professor Deidre Hirschfeld,
beginning on August 15, 2003.
During its meeting, the New Mexico Tech Board of Regents also was given an overview
of the university's various academic degree-granting programs by Peter Gerity, Tech
Vice President for Academic Affairs, and a briefing by EMRTC Director John Meason
on current research and training activities being conducted at the research facility.