ALBUQUERQUE (KRQE) - UNM's Board of Regents passed a major change on Tuesday in how students pay for school.
All students will be paying more for tuition, some students will pay more per credit hour than others depending on the amount of credit hours they take. School officials say the proposed changes to the tuition fee system will encourage students to get through college faster.
"An increase always has to be accompanied with an increase in services rendered, an increase in aid, an increase in scholarships and I think you'll see that's part of this plan," says Caroline Muraida, ASUNM President.
The new system works this way. Students who take between one to 14 credit hours will see more of a tuition increase than those taking 15 or more credit hours per semester.
The hope is to get students through college closer to the traditional four years. That breaks down to an $800 increase for students taking 1 to 14 hours and only about a $400 increase for those taking 15 and above.
Student representatives told KRQE News 13 they agree with the change despite the increase, although there is some concern with students getting bogged down taking too many hours to save money.
Administrators also say the new structure is designed to help the university keep faculty members. They will now be getting a three- percent pay raise, something they haven't had in four years.
"If we don't find a way to do this we'll continue to lose our faculty," says UNM President Robert Frank. "We'll simply have no competitive faculty to be a research university, we'll become a community college."
The UNM Athletics Department also got a huge $900,000 boost from student fees.
Staff members at UNM will also see a one percent pay raise.
Manners matter especially during the holiday season.
You've heard us talk a lot about Toys for Tots and how you can help needy kids in Albuquerque this Christmas.
The final Toys for Tots collections have been made and the generosity of folks around Albuquerque has been great as always.