Higher student enrollment has helped Three Rivers College in Poplar Bluff balance its new budget that begins July 1st. The 22-point-9-million-dollar spending plan brings in half of its revenue from tuition and student fees. Seventeen-percent of revenue comes from state aid, which continues to shrink every year. Spring 2012 enrollment was up 16-percent over the fall 2011, to more than 43-hundred students. That figure is on pace to rise again for this fall. Three Rivers Chief financial officer Charlotte Eubank tells KZIM KSIM more students brings in more money but also forces them to spend more to accommodate the growth! Eubank says the college is working to address building space and classroom capacity. She says their new budget does not include salary increase for faculty and staff but that will be re-evaluated in December. The school spends 57-percent of its budget on salaries and benefits and 33-percent to college operating expenses.
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