CMC sets tuition as school awaits OK of 4-year status
Colorado Mountain College on Monday set the upper-division tuition rates it would charge if it receives accreditation to offer bachelor’s degrees.
The board of trustees decided to charge $95 per credit hour for students living within the college’s district. Rates would be $200 for others living in Colorado, and $405 for out-of-state students.
The college, based in Glenwood Springs, is a two-year school that hopes to begin offering its first bachelor’s degrees this fall. They include a bachelor of science in business administration and a bachelor of arts in sustainability studies.
Officials expect the Higher Learning Commission’s Institutional Actions Council to decide later this month whether to accredit the degrees, which would be the final approval needed to offer them.
The college previously received approval from the Legislature and Colorado Department of Higher Education to begin offering some bachelor’s degrees. But the approval was provisional on the degrees paying for themselves and not requiring more state funding, college president Stan Jensen said in a news release.
“We balanced that requirement against our desire to remain among the best educational values in Colorado,” he said.
For lower-level courses, CMC charges $53 tuition per credit hour in-district, $89 in-state and $279 out-of-state. At current tuition rates, an in-district student would pay $8,793 in tuition and fees over four years.
College spokeswoman Debra Crawford said CMC believes it would provide the most affordable option in Colorado over four years for students in the district and from out of state. That assumes that other Colorado colleges will raise tuition and fees for next year an average of 9 percent.
CMC’s district stretches roughly from Parachute to Summit County, and Steamboat Springs to Buena Vista.
Its new program is expected to break even within five years based on current enrollment projections.
The college hopes to provide more information about the degrees on its website by week’s end, and to be able to accept applications around April 20, pending the final approval.