JMU News

Board of Visitors Summary of Actions and Discussions

May 15, 2020


by Caitlyn Read

 

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.

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Published: Friday, May 15, 2020

Last Updated: Friday, May 15, 2020

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