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UND officials outline $80.3 million operating gap, present tuition and ADA options
Summary
University of North Dakota leaders told the Appropriations — Education and Environment Division the institution faces $80.3 million in expected operational costs for the next biennium and presented tuition scenarios, an ADA digital-accessibility one-time need and enrollment and retention trends.
University of North Dakota President Andy Armacost and Vice President for Finance and Operations Carla Mongeon Stewart told the Appropriations — Education and Environment Division that UND faces $80,300,000 in known operational cost increases for the next biennium and presented several funding scenarios that would affect tuition.
The university identified the largest components of the total as salary and market equity, health insurance increases (15.23 percent), employer retirement contribution increases and rising property-and-liability insurance costs. “For all the increases that we just talked about, that cost for the University of North Dakota would be $80,300,000,” Carla Mongeon Stewart said during the hearing.
The administration presented three example funding options and their estimated impacts on UND tuition: (1) funding only salary/market equity would require a roughly 6.76 percent tuition…
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