They’re making tuition affordable again!
Fayetteville State University (FSU) is set to reduce tuition costs to only $500 a semester, UNCFSU.edu reports.
North Carolina Governor Roy Cooper just announced that he would sign the new budget just passed by the North Carolina General Assembly. Included in that budget is a hefty benefit for Fayetteville State University. In fact, it’s the largest state budget allocation the HBCU has received in more than 35 years.
The University will receive almost $152 million in new capital construction projects, repairs and renovation and become the only University added to North Carolina’s Promise Plan. The Plan is the state’s affordable tuition program which will aim to grow FSU’s enrollment and retention by offering more affordable tuition. As a result, FSU students who qualify for in-state tuition will now only pay $500 per semester, a total of $1,000 annually. The state will allocate $11.5 million in recurring payments to expand FSU’s educational footprint in the Sandhills region and general state. The University is set to receive more than $164 million when the governor officially signs the budget.
Darrell T. Allison, FSU’s newest chancellor has made it his priority to secure necessary resources for the institution since taking office eight months ago. He spoke about the significance of the budget allocation and shared his excitement.
“Today, I am both overjoyed and humbled for FSU. This support that we will be receiving has been a long time coming. For the first time in over 35 years the North Carolina state budget puts Fayetteville State University in a position to make a quantum leap in educating our future leaders. This unprecedented support will assure our success for generations to come,” said Chancellor Allison.
Not only will tuition become more affordable but FSU and other state employees will receive a 5% salary increase over the next two years, a one-time bonus and the school has received a $2M allocation from the general assembly to prevent the spread of the COVID-19 virus through the institution of various sterilization units. Allison went on to thank the local state delegation and various Congressional representatives, Senators and FSU alum for their support.
“Historic moments don’t happen without strong leadership. Our UNC System truly has one in our seventh president in Peter Hans. I want to especially thank our leaders Senate President Phil Berger, Speaker Tim Moore and Governor Cooper. For the sake of compromise and seeking to find common ground, each were willing to selflessly work for the greater good – for the teachers and state employees who will be receiving significant raises and bonuses and our students, I sincerely thank them for their leadership,” Allison added.
Photo Courtesy of Fayetteville State University