MONTGOMERY, W.Va. - West Virginia University's Board of Governors on Thursday approved both a pay freeze and a tuition hike in efforts to offset deep cuts made by the state Legislature earlier this year.
The university expects to lose $18.5 million in revenue for fiscal year 2014, which begins in July.
That includes a $13 million cut from the Legislature, a $1 million decline in soda pop taxes, and about $4.4 million in personnel, equipment and planning costs.
State appropriations to WVU will fall from $210.3 million in 2013 to $196.2 million in 2014. Lawmakers made deep cuts across state government this year in efforts to reduce costs and shore up the budget.
Narvel Weese, vice president of administration and finance, told board members the university plans to make up those cuts by eliminating salary increases and cutting central costs, like WVU's printing operation. Those efforts are expected to save $8.6 million and $1.7 million, respectively.
WVU hopes to regain the remainder of its lost income by asking each department to tighten its budget, delaying the hiring of non-essential employees, reducing travel expenses and cutting supply costs.
The university hopes to bring in $19.6 million extra in tuition and fees in 2014, compared to fiscal year 2013's budget.
Although the Board of Governors approved all the increases, any increase over 4.99 percent must now be approved by the state Higher Education Policy Commission.
Tuition increases differ for resident and non-resident students, as well as undergraduate and graduate programs. If approved, tuition and fees for most in-state undergraduate students will jump $183 this fall to $3,228 per semester, $6,456 per year.