HACC entrance
On Tuesday, HACC officials approved a spending plan for the coming academic year.
The college adopted a $116 million budget for the 2023-24 school year, which includes a tuition increase, but no layoffs or furloughs.
“This budget reflects careful consideration of a projected decline of 8% in HACC’s enrollment, the growing national dialogue questioning the value of a college education, and the impact inflation will have on college operations,” said HACC President and CEO John Sygielski, in a statement.
For the next academic year, HACC will hike tuition by 5% for non-sponsored, sponsored and College in the High School students. Out-of-state tuition will increase to $325 per student per credit and dual enrollment tuition will increase to $175 per credit. There will be no increase in other college fees.
As a majority of HACC students are non-sponsored, part-time students, tuition will increase by about $11.75 per credit for the average student, according to HACC.
To help pay for the cost of attending college, the HACC Foundation has a variety of scholarships available and provides resources like food, clothing and housing support to students in need.
“We care about our students and will continue to work to provide them with the tools to accomplish their goals,” Sygielski said. “HACC remains focused on their success by providing free academic support services, wraparound support and resources to address non-academic needs.”
Also as part of the budget, the college will employ several cost-saving measures to offset a projected $400,000 deficit. One of the ways HACC will seek to do this is by offering retirement incentives to full-time employees who meet the requirements. There are currently over 200 staff who would be eligible, which could possibly save the college up to $5 million.
HACC also plans to freeze or eliminate 23 open positions, reduce overtime and consolidate courses with low enrollment, according to the college.
For more information about HACC and their 2023-24 budget, visit their website.
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