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CSU–Pueblo to offer tuition incentive for
four-year graduates
Pueblo- Colorado students who begin at Colorado State
University – Pueblo in the fall of 2007 and graduate in four years could
receive more than just a diploma when they cross the stage. CSU-Pueblo
students can enter a contract which could reward them with an incentive
check of up to $1500 if they graduate in four years. The Graduate Incentive
Plan was approved by the Colorado State University System Board of Governors
at its February meeting.
The idea originally was conceived by CSU System Governor Joe Blake who
suggested an “outside the box” plan to increase enrollment, retention, and
graduation by offering a tuition incentive to students who graduate within
four years. The CSU-Pueblo offer will apply to Colorado resident students
who begin as full-time students at CSU-Pueblo in the fall of 2007.
After analysis of the University’s demographics and the resulting financial
ramifications, CSU-Pueblo crafted a plan that will offer students who
graduate within four years the entire “student share” of their last
semester’s tuition up to $1,500 as an incentive. This plan requires that
students declare a major and sign an agreement upon entering CSU-Pueblo,
complete a minimum of 120 hours of CSU-Pueblo coursework, and fulfill all
graduation requirements within four years of matriculation.
According to President Joseph Garcia, the incentive is but one part of a
larger plan to help the University reach its stretch goals of increasing
enrollment, retention, and graduation rates by (1) attracting attention to
CSU-Pueblo as an innovative university; (2) attracting students who might
otherwise consider CSU-Pueblo their second or even third choice; (3)
decreasing the number of students who transfer from CSU-Pueblo to other
four-year colleges or universities; and (4) providing a benefit for students
who complete their degrees in a timely manner.
“The incentive plan is a viable venture not just because of the increased
visibility and revenue it may produce for the school, but more
significantly, because of the proposed increase in retention and graduation
rates,” Garcia said. “The higher the rates, the better this institution will
be utilizing its resources and the more effectively it will be serving the
citizens of Colorado.”
In creating the plan, the University took into account lost tuition revenue
from students who would normally take five or even six years to graduate,
likely decreases in the number of students who transfer from CSU-Pueblo but
graduate from another public institution in Colorado, and potential
increases in both retention and graduation among students who “stop out” or
take less than full-time loads each term.
The primary benefit will be in retention: The University expects that
approximately half of the students who start at CSU-Pueblo but graduate from
other Colorado institutions with five years will have incentive to remain at
CSU-Pueblo. This will result in a higher four-year graduation rate, which is
one of the University’s key strategic objectives.
Garcia said the amount of the actual check will depend on several factors.
Students will receive a refund regardless of whether their tuition is
covered by scholarships, grants, or loans, but the refund will be less any
unpaid tuition, fees, parking tickets, room and board, or library fines that
will be deducted from the incentive check. Students with loans may choose to
apply the refund to those loans, but the choice is theirs.
Students must declare a major upon enrollment, follow their advisors’
recommendations for coursework, pass courses with the appropriate grades
required by your major or as pre-requisites, maintain a grade-point-average
sufficient to graduate in their major, take and pass at least 30 credits of
appropriate courses each year to stay on track, and take summer courses if
necessary to make up deficiencies or low grades.
A sample of the tuition rebate contract is available at
www.colostate-pueblo.edu/incentive/ or call an admissions representative for
more information, 719-549-2461.
Colorado State University - Pueblo is a regional, comprehensive university
emphasizing professional, career-oriented, and applied programs. Displaying
excellence in teaching, celebrating diversity, and engaging in service and
outreach, CSU-Pueblo is distinguished by access, opportunity, and the overall
quality of services provided to its students..
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