Tuition and Fee Approval (Policy)
Office of Origin: Board of Trustees
Original Date Adopted: 9-23-08
Dates Reviewed: 1-15-12, 5-04-17, 8-24-20, 2-23-21
Last Date Approved by Board: 2-23-21
The Lake Michigan College (the College) Board of Trustees (the Board) holds the authority to and responsibility for establishing tuition and fees, in accordance with the Community College Act of 1966.
New rates will go into effect for students enrolling in the Fall semester of each academic year. Tuition rates will adjust each year based on the prior year’s annual Consumer Price Index for All Urban Consumers (CPI), as published by the Bureau of Labor Statistics. Tuition rates will be rounded up to the next half-dollar, and will not increase more than 5% or less than 2% regardless of the CPI rate.
Any departure from this policy must be approved by the Board at a public meeting.
References: Section 389.123 Community College Act of 1966