CSM Tuition Increase Less Than 2 Percent
Tuition at the College of Southern Maryland will increase by less than 2 percent for Southern Maryland residents for the fall 2013 semester.
Residents of Calvert, Charles and St. Mary’s counties will pay an additional $2 per credit (1.8 percent) while tuition for Maryland residents outside of the tri-county region will increase by $3 per credit and for out-of-state residents by $4 per credit. The comprehensive fee remains at 23 percent of tuition.
CSM’s budget is supported by funding from the state, the three counties of Southern Maryland, and tuition and fees. The Fiscal Year 2014 (FY14) budget of $62,090,619 reflects an overall increase of 4.27 percent over the previous year and is based on anticipated funding to be provided at the state and county levels. Of the total revenues, tuition and fees constitute 50 percent, county appropriations 28 percent and state funding 19.5 percent.
“Because of the funding support provided by the State and our County Commissioners in Calvert, Charles and St. Mary’s, we are able to make some major strides while keeping tuition increases modest,” said CSM President Dr. Brad Gottfried.
Included within the budget to enhance and provide a greater level of direct support for students are new positions including four counselors, a college-wide student conduct/special projects coordinator, a mentor to promote minority student success, a testing center proctor to benefit all campuses, and a veterans affairs coordinator and a business office assistant at the Leonardtown Campus, explained Gottfried. The budget also includes funds to expand course offerings, add a lacrosse program and other strategic initiatives.
“CSM continues to be well-positioned to provide outstanding services to our students and patrons,” said Mr. Gottfried. “Students can attend CSM, receive an excellent education and earn a degree, then transfer to complete their bachelor’s degree.”
CSM’s tuition and fees may be paid over a four-month period through CSM’s Tuition Payment Plan which is available to students enrolled with six or more credits. Since the plan is not a loan program, there is no credit search and no interest or finance charge assessed on the unpaid balance.
For information on the payment plan, contact the Bursar’s Office at 301-934-7712 or 301-870-2309, 240-725-5499 or 443-550-6199, ext. 7712 or visit http://www.csmd.edu/Bursar/Tuition/paymentplan.htm.
To use CSM’s Scholarship Finder visit http://www.csmd.edu/Financial/. For information on scholarships and financial aid assistance at CSM, call 301-934-7531 or 301-870-2309, 240-725-5499 or 443-550-6199, Ext. 7531.
