The University of Nebraska board of trustees on Friday approved a billion-dollar annual budget that will freeze tuition fees for two years.
Meeting at Varner Hall for the first time since early 2020, the regents unanimously applauded the budget’s focus on investing in student success, paying faculty and improving facilities.
President Ted Carter said the plan was the result of a “thoughtful, strategic and disciplined” approach taken by campus and system leaders in the midst of a pandemic.
âWe had to make some tough decisions, but we did it for the long-term growth and success of the university,â Carter said. “I feel very good with this budget.”
The 2021-2022 budget includes a 2.5% increase in state appropriations, bringing taxpayer support to NU to $ 628.5 million next year, and takes into account planned increases in tuition income to as the number of registrations increases.
In addition to keeping tuition fees at the same level for the next two years, NU will follow through on Nebraska’s promise, which covers the full tuition fees of 1,000 state students from families with low household incomes. of $ 60,000 or less.
It also includes a 1.5% merit pay hike for professors at the University of Nebraska-Lincoln and the University of Nebraska Medical Center, and provides funding for chancellors to pursue strategic goals on their behalf. respective campuses.
Finally, the budget includes plans to begin deploying $ 400 million in funds to improve infrastructure on UN campuses.
Before voting, the student regents – all at their first meeting – hailed the plan as one that invests in student success, both directly and indirectly.
UN Regent Maeve Hemmer said the tuition fee freeze makes higher education more accessible and affordable, while increasing faculty salaries and meeting facility needs indirectly benefit students.
âThis budget, for lack of a better term, really puts the money where our mouth is,â she said.
UNMC Regent Taylor Kratochvil said investments in teacher compensation will translate into better training for students, which in turn will benefit hospitals and clinics statewide.
UNK Regent Noah Limbach added that the deferred maintenance program will result in “state-of-the-art facilities” that will also help recruit faculty and students in Nebraska.
âIt really is an investment in the future of Nebraska,â said UNL Regent Batool Ibrahim.
The budget was passed 8-0.
* Governor Pete Ricketts addressed the Regents, becoming the first Governor to do so in recent memory. Ricketts praised NU for increasing its enrollment at a time when other colleges and universities were seeing declining student numbers, and credited Carter with “setting the tone” by announcing the university would be hosting in-person classes. last fall.
* Regents approved a 2.3% increase in the 2021-2022 operating budget for the Nebraska College of Technical Agriculture in Curtis. The total state-funded agricultural college budget is now $ 4.6 million.
* Kiewit Hall, announced in 2019 to help expand the UNL College of Engineering, had a guaranteed maximum price tag of $ 80.3 million. A groundbreaking ceremony for the new building, which will stand at the corner of 17th and Vine streets, is scheduled for Monday.
Photos: Historic buildings of the UNL
Buildings of the University of Nebraska-Lincoln; Architecture room
Update
The University of Nebraska-Lincoln Architectural Hall, seen here in July 1987 after a $ 4.38 million renovation, is the university’s oldest building. It originally housed the UNL Library and Art Gallery and served as the headquarters of the Nebraska State Historical Society.
UNL CBA building
Update
Louise Pound Hall previously housed the College of Business Administration. It opened in 1919 and was renovated in 2018.
UNL Temple Building
Update
The Temple Building at 12th and R streets is home to the Johnny Carson School of Theater and Film. It was completed in 1908 and renovated in the 1970s.
UNL Morrill Room
Update
Morrill Hall, which houses the State Museum of Natural History on the UNL municipal campus, was built for $ 350,000 and opened in 1927.
Catherine Room, Pound Room
Update
The Pound (left) and Cather dorms were known as Twin Towers when they first opened in 1963. Closed in recent years, the dorms imploded in 2017.
College of teachers
Update
When the new Teachers ‘College Building was constructed in the far east of the University of Nebraska, it also contained the old Temple High School, which was later renamed to Teachers’ High School. Today the building exists and is connected to the administration building south across the street west from the student union.
Splint Lab
Update
The existing physics building on the University of Nebraska campus opened in 1906 and was dedicated to Professor DeWitt Brace although he had died the year before it opened.
Braces room
Update
Brace Hall’s original âPhysics Labâ cast iron sign was discovered by construction crews and incorporated into the renovation design by architects Leo A Daly.
University of Nebraska Astronomical Observatory
Update
The former University of Nebraska Astronomical Observatory is shown circa 1910, when it was located just west of the current Physics Building on the UNL campus; it was authorized $ 500 for construction by the board of regents. A few years later, a new observatory was built south of the Brace Lab, first offered at a cost of $ 12,500 and later estimated to double, still far from a huge sum.
UNL Architecture Room
Update
Construction of the Architecture Hall, originally built as a library for $ 110,000, began in 1892. It was renovated for $ 4.3 million in the mid-1980s.
Buildings of the University of Nebraska-Lincoln; Architecture room
Update
Construction underway in January 1986 renovating and connecting the old UNL legal building (left) and the architectural hall.
Catherine Room, Pound Room
Update
The UNL demolished the Cather and Pound residences in 2017.
Buildings of the University of Nebraska-Lincoln; Architecture room
Update
In this November 1987 photo, banners parade through the atrium, which unites Architecture Hall and Architecture Hall West at UNL, the former law school building.