August 22, 2000

USM Board of Regents Finance Committee Meeting August 24; Full Board Meeting August 25, at Shady Grove

The University System of Maryland (USM) Board of Regents Committee on Finance will meet in public session on Thursday, August 24 at the USM Shady Grove Center's Education II Building, 9630 Gudelsky Drive in Rockville, MD. The full Board of Regents will meet at the same site on Friday August 25.

On Thursday, August 24, the Finance Committee will convene in public session at approximately 3 p.m. The full Board of Regents will meet in public session in the same location on the following day, Friday, August 25, beginning at 1 p.m.

Agenda items before the Finance Committee include:
  • USM institutions' schedule for tuition and mandatory fees for Fiscal Year 2002. Following Regents policy established in 1993, tuition rate increases for full-time undergraduate residents has been limited to four percent. Three institutions - the University of Maryland Eastern Shore, Frostburg State University, and Coppin State College - have proposed an increase of three percent. Bowie State University has proposed no increase.
  • Four-year tuition plan and analysis of the plan.
  • Fiscal Year 2002 operating budget and separate list request, including an increase of $96 million in general funds or 12 percent over Fiscal Year 2001.

The Committee also will receive reports on the capital improvement program and the University System's financial status for the fiscal year ended June 30, 2000.

Agenda items for the full Board of Regents meeting on August 25 include:

  • Format for reporting on institutional compliance with the new Board policy on technological fluency. The policy seeks assurance that all graduates of USM institutions are fluent in information technology.
  • Proposed USM policy on shared governance in the System.
  • New academic programs at the following institutions: master of science degree in social work at Salisbury State University; bachelor's degree in theatre arts at Salisbury State; doctoral degree in physical therapy at the University of Maryland, Baltimore; master's degree in education with specialization in instructional technology at the University of Maryland University College.
The Board also will take action on the proposed tuition schedule and all other items on the Finance Committee agenda.

Full agenda and background information will be available at the meeting. Sign language interpreters and/or other appropriate accommodations for eligible individuals with disabilities will be provided upon request. Please call 301/445-2756 (voice) or 301/314-7683 (TTY/ITT) to make special arrangements.

Chris Hart
Phone: 301/445-2739
Pager: 301/507-2316