May 13, 2022–The ΄σΟσ΄«Γ½ Board of Governors adopted a balanced budget of just under $80 million for the 2022-2023 fiscal year, which starts July 1. The total budget is virtually unchanged from the budget adopted for the current fiscal year.Β
β΄σΟσ΄«Γ½ Western puts people first,β said Dr. Elizabeth Kennedy, president. βAnd our budget reflects that.β
For the first time in four years, the budget includes a pay raise for ΄σΟσ΄«Γ½ Western employees. The raises will take effect in July and are part of a four-year compensation plan designed to bring wages in line with the job market. Details will be announced soon to employees.
The budget includes an increase of 4% in tuition and mandatory fees, in line with a recommendation from the state. Tuition will rise from $230 to $240 per credit hour for in-state undergraduate students, with tuition and fees totaling a little more than $8,000 per year for a full-time student taking 30 credit hours. Housing fees will increase 4.5% to 6%, and food service fees will increase an average of 6%.Β
The budget reflects a 5.4% increase in ΄σΟσ΄«Γ½ Westernβs core budget approved by the ΄σΟσ΄«Γ½ General Assembly and awaiting signature from Gov. Parson.Β
΄σΟσ΄«Γ½ is a student-centered learning community preparing individuals for lives of excellence through applied learning. ΄σΟσ΄«Γ½ Western is located in St. Joseph, Mo., and is committed to the educational, economic, cultural and social development of the region it serves. Visit .