Universities and education officials reach agreement
- by crv.staff
- 27.08.10
- 8:14 AM UTC
- Filed in Costa Rica
Source : Tico Times
By : Mike McDonald
Public university rectors and officials from the Education Ministry agreed Wednesday night on a 7 percent increase for the Special Fund for Higher Education (FEES) for 2011 and 2012, and on a 4.5 percent increase from 2013 through 2015, plus adjustments for inflation.
The government also agreed to provide 5.5 billion colones (nearly $10.9 million) for FEES for the remainder of 2010, in addition to the 226.2 billion colones (almost $448 million) it has already supplied this year.
Monies will be used to increase enrollment and expand campus infrastructure. Additionally, funds must be used for student scholarships and professor research grants, and for updating school technology and scientific equipment.
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