U. of North Carolina Board Debates Cap on Revenue Set Aside for Aid

The University of North Carolina’s governing board is considering a proposal offered by the system president, Thomas W. Ross, that would cap the amount of new revenue generated by campus-initiated tuition increases that is set aside as aid money for needy students, according to The News & Observer. The board’s current tuition plan requires each campus to set aside at least 25 percent of that revenue. Mr. Ross’s proposal would remove the minimum requirement and cap the amount of money set aside at 25 percent instead. Some members of the majority-Republican board had expressed concern that some families were subsidizing tuition for others. At least one board member argued against the limit, pointing out that the system’s students were already subsidized by taxpayers. The board is likely to vote on the proposal in September, according to the newspaper.