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Date: January 26, 2005

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Montgomery College Seeks Modest Increase in FY 2006 Budget Request
$162.9 Million Operating Budget Aims to Keep Pace with Enrollment

Montgomery College’s Board of Trustees this week sent the County Executive a fiscal year 2006 operating budget request that aims primarily to keep pace with enrollment demands and support operational costs for the College’s continued expansion of the Takoma Park Campus.

The proposed $162.9 million FY06 Operating Budget marks a 7.7 percent increase over that of the current FY 05 budget. The overall College request, which includes all funds – including self-supporting units of the college, such as Workforce Development and Continuing Education – is $196.9 million.

As proposed by the Trustees, the College’s budget would include a tuition increase for the next academic year of $4 per credit hour for in-county students, $8 per credit hour for in-state students who live out of the county, and $12 per credit hour for out-of-state students. The current tuition rates for each of these groups are $89 (per credit hour), $183, and $245, respectively. Students also pay a variety of fees, in addition to tuition. To offset tuition increases, this budget proposal includes additional financial aid funds for students in need, as well as no fee increases. Final tuition and fee rates for the next academic year are not firmly set until May, when the College’s budget has gone through the County process and is ultimately adopted by the Board of Trustees.

“The College has made every effort to use its resources efficiently and continually looks for ways to increase productivity and cut costs,” said Dr. Charlene R. Nunley, president of Montgomery College. “But with more and more of our County’s high school graduates choosing to begin their higher education at Montgomery College and enrollment continuing to grow, we must continue to provide high quality educational programs and keep pace with demand.”

The College’s proposed FY 2006 operating budget allows for the addition of 19 faculty members, to support enrollment growth, and 25 new staff members, primarily to support next year’s opening of a new Student Services Center at the Takoma Park Campus. No new programs or initiatives were included in the funding request, unless supported by alternative funding sources, such as grants.

Montgomery College is a public, open admissions community college with campuses in Germantown, Rockville, and Takoma Park, and workforce development and continuing education centers in Gaithersburg, Wheaton and Silver Spring. The College serves nearly 50,000 students a year, through a combination of credit and non-credit programs, in more than 100 areas of study. 

Additional background on Montgomery College’s FY 06 operating budget request, as well as the current approved FY 05 approved budget, are found on the College’s web site at: www.montgomerycollege.edu/departments/budget.

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Montgomery College is a public, open admissions community college with campuses in Germantown, Rockville, and Takoma Park, plus workforce development/continuing education centers and off-site programs throughout Montgomery County. The College serves nearly 50,000 students a year, through both credit and noncredit programs, in more than 100 areas of study.

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