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07/15/2009
Rensselaer County Legislature Approves College Budget
Hudson Valley Community College 2009-10 Budget Highlights

CONTACT: Paula Monaco (518) 629-8071 or (518) 378-3835 – cell or p.monaco@hvcc.edu
FOR RELEASE: Immediate, Wednesday, July 15, 2009

The 2009-10 operating budget for Hudson Valley Community College was approved by the Rensselaer County Legislature on July 14. The budget, which also was approved by the college’s Board of Trustees on May 21, totals $99,237,366.

Enrollment

Enrollment for fiscal year 2009-10 is projected to be 9,375 full-time equivalent students (FTE).

Tuition

This budget increases tuition by $200; tuition will be $3,100 annually for all full-time students who are New York State residents and $129 per credit hour (an increase of $9 per credit hour) for part-time, in-state students. Even with this increase, it is expected that Hudson Valley will continue to be one of three community colleges in the state with the lowest tuition.

The college is keenly aware that, for many of its students, even an increase of $200 can present a challenge. College Financial Aid staff educates students about available financial aid and the financial aid application process. Staff hold workshops throughout the course of the year and helps students file their Free Application for Federal Student Aid online.

In addition, the college’s charitable foundation manages more than 175 scholarships and expects to provide students during the 2009-10 fiscal year with $175,000 in scholarships.

State Aid

This budget does not include an increase in base state operating aid; state aid to community colleges remains at $2,675 per FTE for the third straight year and is budgeted at $24,890,919.

County Revenue

The college is not requesting any additional funding support from its sponsor, Rensselaer County. The sponsor contribution will remain at $3,138,900 for the 10th consecutive year.

Personnel

This budget also contains nine new academic positions to meet enrollment increases and to maintain the college’s commitment to an instructional contact-hour-ratio of 60% full-time and 40% part-time.

New Academic Initiatives

This budget further expands the college’s academic offerings. Key new initiatives for the 2009-10 academic year include:

  • A Biotechnology Certificate program, which is a one-year certificate program for those interested in developing or expanding a career as a laboratory technician in the medical research, pharmaceutical or biotechnology fields. It will provide specialized training in applied techniques of cell culture, immunology, analytical chemistry, molecular biology, biological imaging, and analytical cytology.

  • The new Theater Arts Associate’s degree program is designed to provide a foundation for those wishing to pursue a four-year degree in acting or other related theater arts. Transfer agreements are being finalized with several schools, including SUNY Plattsburgh, SUNY Fredonia and The Sage College of Albany, which will allow students to enter the transfer institution as a junior.

Founded in 1953, Hudson Valley Community College offers more than 70 degree and certificate programs in four schools: Business; Engineering and Industrial Technologies; Health Science; and Liberal Arts and Sciences; and an Educational Opportunity Center for academic and career training. One of 30 community colleges in the State University of New York system, it has an enrollment of more than 12,500 students, and is known as a leader in distance learning initiatives and workforce training. Hudson Valley has more than 65,000 alumni.