University of Virginia Library

TUITION INCREASE

The President reported on a study being made of the possibility of increasing tuition
charges for the purpose of financing increased faculty salaries. He observed that the Virginia
Advisory Legislative Council was also making a State-wide study of the possibilities of making
tuition charges cover a larger portion of the costs of maintenance and operation of institutions
of higher learning. During the discussion, it was pointed out that the University's current
tuition charges are second highest among the state universities for out-of-State students and
sixth highest for in-State students. It was also brought out that a possible alternative to a
salary increase was made available in a recent Federal act which permitted institutions to provide
a supplement up to 20 per cent of an individual's salary in the form of retirement annuities which
are nontaxable at the time of payment. The President concluded the discussion with the statement
that he might be prepared to come to the December meeting of the Board with a specific proposal.