Beginning with fall 2010 semester, tuition at the College of Southern Maryland will increase $5 per credit hour for residents of Calvert, Charles and St. Marys counties. In-county residents will now pay $105 per credit and the comprehensive fee will remain 23 percent of tuition. For a full-time student enrolled in 12 credits, the increase in tuition will amount to $60. Tuition for other Maryland residents outside of the tri-county region will increase to $183 per credit and for out-of-state residents, $237 per credit.
CSMs budget is primarily supported by funding from the state, the three counties of Southern Maryland and tuition and fees. The budget reflects an overall increase of 3.8 percent over FY10.
In presenting the recommended budget to the trustees, CSM President Dr. Brad Gottfried advised funding included in the budget will provide support for the new Wellness and Aquatics Center to open in the fall at the Leonardtown Campus and the launch of the nuclear engineering technology program at the Prince Frederick Campus.
The budget reflects flat-funding by the state, which has been reduced in previous years. County support increases overall by 5.18 percent in this budget as Calvert and St. Marys counties increased by 10 percent and 16 percent respectively and Charles Countys aid remained even. All of the increase in Calvert County and about half of the increase in St. Marys County is attributable to legislatively mandated funding, said Gottfried.
I cant say enough about the quality of care and instruction that our CSM family gives to our students, and the sacrifices they make to keep tuition as affordable as possible. Unfortunately, this increase is needed in order to maintain what we do, said CSM Board Chair James K. Raley.
CSMs tuition and fees may be paid over a four-month period through CSMs 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 debt, no credit search and no interest or finance charge assessed on the unpaid balance. The only cost is a $50 per semester non-refundable enrollment fee.
The college also offers an online program that helps students to easily identify and apply for potential scholarships. The CSM Scholarship Finder is a quick, easy and free service that helps Southern Maryland students match their backgrounds and financial needs to dozens of local scholarships in a wide variety of academic programs.
For information on the payment plan, contact the Bursars Office at 301-934-7712 or 301-870-2309, 240-725-5499 or 443-550-6199, ext. 7712 or visit www.csmd.edu. To use CSMs Scholarship Finder visit http://www.csmd.edu/financial/scholarships/. 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.