CLIFTON, OH (FOX19) - The Cincinnati State Board of Trustees voted Tuesday to increase tuition by up to $100 annually, which is the maximum amount allowed by the state.
For in-state students, the 2.3 percent increase amounts to $3.34 per semester credit hour, raising it to $148.64. Annual tuition and fees for a full-time, in-state student will be $4,717.
The increase in tuition will take effect this fall semester.
State tuition reciprocity agreements allow residents of most Kentucky and Indiana counties near Cincinnati to pay in-state tuition rates.
Cincinnati State officials said the college has lost $1.86 million in state funding since the 2011 fiscal year and $2 million in revenue from tuition and fees as a result of the conversion to semesters last year.
Cincinnati State President O'dell M. Owens said the college is facing a $3.1 million operating deficit for the fiscal year that begins July 1. The tuition increase is expected to generate about $650,000 in additional revenue.
In a letter to faculty, administrators and staff, Owens asked department heads at the college to plan for 5 percent reductions from 2014 total operating budget levels for the upcoming fiscal year.
In a resolution authorizing the increase, Cincinnati State trustees said the college's tuition and fees will remain lower than all but four of the 12 other community colleges, branch campuses and regional universities in the Greater Cincinnati region.
Cincinnati State last raised tuition, also by a maximum of $100, in June 2013.