CINCINNATI - The University of Cincinnati trustees approved Tuesday a $1.1 billion budget for the 2014 fiscal year that includes no tuition increase for undergraduate students and a 30 percent tuition and fees reduction for out-of-state law students.
Law school admissions are down 28 percent in Ohio since 2008, according to a report on the new pricing strategy from Law School Dean Louis Bilionis. With the unanimous approval of the the recommended 30 percent discount, out-of-state law students will pay $28,536 in tuition and fees at UC Law starting this September. That is $5,000 more than in-state students.
In the UC pharmacy program, in-state students in the will see a 14 percent increase in tuition and fees to $17,390; out-of-state pharmacy students will pay $30,606 annually, a 10 percent increase.
Pharmacy spokeswoman Angela Koenig said the increases were caused by the conversion of UC's pharmacy program to doctoral status, which led to more clinical rotations and experiential learning for students. Previously, UC covered the cost of those rotations for students. But budget cuts rendered that option impossible this year. Even after the increase, UC has the lowest-cost pharmacy program in the region and ranks 102 out of 127 pharmacy schools it studied nationwide, Koenig said.
Medical students will see a 1 percent increase in tuition and fees to $23,536 for in-state students and $47,004 for out of state.
"It's supply and demand," said Dan Bisig, founder of College and Beyond LLC, which advises families on college search and financing techniques. "The reason that UC pharmacy can increase it that much is they've only got so many spots to fill. They've looked at their numbers and saw an opportunity to bump the price tag."
Bisig praised UC for holding the line on undergraduate tuition, even though state lawmakers authorized increases of up to 2 percent for Ohio's public universities. Miami University trustees last week approved a 1.5 percent increase. Ohio State froze tuition for in-state students, but imposed a 2 percent fee increase on out-of-state students.
"When you look at middle-class Americans paying for college, it's getting tougher and tougher," Bisig said. "It forces students to look at alternatives."