The cost of a Massachusetts Maritime Academy education will rise next year, according to Adm. Richard Gurnon, president of the college.
Yesterday, trustees unanimously voted to raise in-state costs of attending the school by 5 percent, which means next year the cost for tuition, fees, room and board will be $13,452, Gurnon said.
Out-of-state costs will rise from $29,396 per year to $30,745.
The increase is part of the college’s five-year plan, and will generate $600,000 to help offset a $3 million budget gap resulting from state cuts, Gurnon said.
The remainder of the shortfall will be made up from the college’s rainy day fund and $1.4 million in cuts, not filling vacant positions and pay freezes, Gurnon said. Read More…