Board of Visitors Summary of Actions and Discussions
May 15, 2020
JMU News
The James Madison University Board of Visitors met by electronic communications on Friday, May 15, 2020, at 1 p.m. The following is a summary of actions taken by the board and key areas of discussion at the board meeting:
- Approved the Feb. 7, 2020 and April 24, 2020, Board of Visitors meeting minutes
- Approved tuition and fees for the 2020-21 academic year
FY 2020-21 Undergraduate Tuition & Fees – Freshmen, Sophomores and Juniors
|
VIRGINIA STUDENT |
2019-20 |
2020-21 |
$ Change |
|
Tuition & Fees |
$ 7,250 |
$ 7,250 |
- |
|
Comprehensive Fee |
$ 4,956 |
$ 5,080 |
$ 124 |
|
TOTAL COMMUTER COSTS |
$ 12,206 |
$ 12,330 |
$ 124 |
|
Room & Board |
$ 10,500 |
$ 10,884 |
$ 384 |
|
TOTAL ON-CAMPUS COSTS |
$ 22,706 |
$ 23,214 |
$ 508 |
|
NON-VIRGINIA STUDENT |
2019-20 |
2020-21 |
$ Change |
|
Tuition & Fees |
$ 24,150 |
$ 24,150 |
- |
|
Comprehensive Fee |
$ 4,956 |
$ 5,080 |
$ 124 |
|
TOTAL COMMUTER COSTS |
$ 29,106 |
$ 29,230 |
$ 124 |
|
Room & Board |
$ 10,500 |
$ 10,884 |
$ 384 |
|
TOTAL ON-CAMPUS COSTS |
$ 39,606 |
$ 40,114 |
$ 508 |
FY 2020-21 Undergraduate Tuition & Fees – Seniors
|
VIRGINIA STUDENT |
2019-20 |
2020-21 |
$ Change |
|
Tuition & Fees |
$ 6,620 |
$ 6,620 |
- |
|
Comprehensive Fee |
$ 4,956 |
$ 5,080 |
$ 124 |
|
TOTAL COMMUTER COSTS |
$ 11,576 |
$ 11,700 |
$ 124 |
|
Room & Board |
$ 10,500 |
$ 10,884 |
$ 384 |
|
TOTAL ON-CAMPUS COSTS |
$ 22,076 |
$ 22,584 |
$ 508 |
|
NON-VIRGINIA STUDENT |
2019-20 |
2020-21 |
$ Change |
|
Tuition & Fees |
$ 23,834 |
$ 23,834 |
- |
|
Comprehensive Fee |
$ 4,956 |
$ 5,080 |
$ 124 |
|
TOTAL COMMUTER COSTS |
$ 28,790 |
$ 28,914 |
$ 124 |
|
Room & Board |
$ 10,500 |
$ 10,884 |
$ 384 |
|
TOTAL ON-CAMPUS COSTS |
$ 39,290 |
$ 39,798 |
$ 508 |
FY 2020-21 Graduate Tuition & Fees
|
GRADUATE (Per Credit Hour) |
2019-20 |
2020-21 |
$ Change |
|
Virginia |
$ 499 |
$ 499 |
- |
|
Non-Virginia |
$ 1,231 |
$ 1,231 |
- |
- Approved the 2020-21 budget (in Millions)
|
2020-21 BUDGET (IN MILLIONS) |
2019-20 |
2020-21 |
$ Change |
% Change |
|
Education & General |
341.6 |
340.2 |
(1.4) |
-0.4% |
|
Auxiliary Enterprises |
220.7 |
223.8 |
3.1 |
1.4% |
|
Financial Aid |
20.3 |
21.7 |
1.4 |
6.9% |
|
E&G, F/A & Auxiliary |
582.6 |
585.7 |
3.1 |
0.5% |
|
Sponsored Programs |
37.3 |
42.7 |
5.4 |
14.5% |
|
Total Operating* |
619.9 |
628.4 |
8.5 |
1.4% |
|
* Excludes Equipment Trust Fund |
- Approved the “James Madison University Strategic Plan Structure”
- Approved the creation of a new graduate certificate in Teacher Leadership
- Approved the establishment of the School of Professional and Continuing Education
- Approved three easements
- Received an update on HB 1529 Gift Acceptance Policy
- Approved the Personnel Action Report
- Elected board officers for the 2020-22 term. Lara Major has been elected to serve as rector and Deborah Johnson has been elected to serve as the board’s vice rector. Donna Harper, Vice President for Access and Enrollment Management will serve as secretary.
- Recognized outgoing board members
Was told by President Alger during his President’s Report:
- 3,202 undergraduate and 602 graduate degrees were conferred during the 2020 Virtual Commencement.
- Enrollment projections are strong. JMU is ahead of goal for the number of deposits received from incoming freshmen, and is working to retain current students.
- 31 students are completing the Valley Scholars program this year. All are attending college in the Fall, 24 are attending JMU. Students are also attending UVA, Radford and local community colleges
- JMU’s allocation for CARES Act emergency funds for students is $6,040,329. JMU will be providing up to $1,000 to students with an Expected Family Contribution of $15,000 or less, with the remainder of the money distributed via an appeals system. The money is to be used for COVID-19 related expenses.
- Over $550,000 has been received from over 1,000 gifts to support Madison for Keeps to date. The funds will support more than 100 Dukes in need. Fundraising will continue.
- A Contingency Planning Task Force is working to gather information from national, state and local sources. Surveys sent to constituents have seen tremendous response.
