MBA fee increases feed back into CSU campuses
Kyle Szymanski
Issue date: 10/28/09 Section: News
Undergraduate students aren't the only ones walking around campus with lighter wallets because of the state wide budget crisis.
A fee for Master of Business Administration programs and professional business master's programs, accredited by the Association to Advance Collegiate Schools of Business International, added $210 per semester unit and $140 per quarter unit at all California State Universities this semester, said CSU spokesman Erik Fallis.
Fallis said full-time annual fees also increased $378 for graduate students this semester.
The added fee puts the annual cost of the Master of Business Administration at $9,174, he said.
"It rose almost 100 percent," said Master of Business Administration student Justin Nakano. "I am not too happy about that. I heard that it may rise 30 or 40 percent next year, which isn't going to make me happy either, but they have to get money from somewhere."
Fallis said the fee was instituted to improve the education of CSU students.
"By supporting California State University efforts to recruit highly skilled faculty, this fee will actually help ensure that students continue to have access to high-quality, accredited Masters of Business Administration programs at CSU campuses," Fallis said.
By rule, up to one-third of the revenue generated by the fee increase will be put toward financial aid, Fallis said.
This means Master of Business Administration students and students in similar degree programs are eligible for state university grants, graduate business grants, work-study programs and scholarships, Fallis said.
The remainder of the revenue generated by the fee increase will be used to recruit faculty, according to a May 13 CSU press release.
Deborah Crown, associate dean of the Lucas graduate school of business, said the fee increase puts students at a disadvantage, but that it would help improve Masters of Business Administration programs at CSUs.
"The purpose of this increase, as the CSU Chancellor's Office said, was to maintain the quality of CSU programs," Crown said.
A fee for Master of Business Administration programs and professional business master's programs, accredited by the Association to Advance Collegiate Schools of Business International, added $210 per semester unit and $140 per quarter unit at all California State Universities this semester, said CSU spokesman Erik Fallis.
Fallis said full-time annual fees also increased $378 for graduate students this semester.
The added fee puts the annual cost of the Master of Business Administration at $9,174, he said.
"It rose almost 100 percent," said Master of Business Administration student Justin Nakano. "I am not too happy about that. I heard that it may rise 30 or 40 percent next year, which isn't going to make me happy either, but they have to get money from somewhere."
Fallis said the fee was instituted to improve the education of CSU students.
"By supporting California State University efforts to recruit highly skilled faculty, this fee will actually help ensure that students continue to have access to high-quality, accredited Masters of Business Administration programs at CSU campuses," Fallis said.
By rule, up to one-third of the revenue generated by the fee increase will be put toward financial aid, Fallis said.
This means Master of Business Administration students and students in similar degree programs are eligible for state university grants, graduate business grants, work-study programs and scholarships, Fallis said.
The remainder of the revenue generated by the fee increase will be used to recruit faculty, according to a May 13 CSU press release.
Deborah Crown, associate dean of the Lucas graduate school of business, said the fee increase puts students at a disadvantage, but that it would help improve Masters of Business Administration programs at CSUs.
"The purpose of this increase, as the CSU Chancellor's Office said, was to maintain the quality of CSU programs," Crown said.
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