NC-SARA Board Considers Future Increase to SARA Participation Fees
The NC-SARA Board reviews and approves the annual SARA participation fee schedule every two years. During its October meeting, the Board discussed a proposal brought forward by the NC-SARA Finance Committee to revise the fee structure for SARA participation fees. The Board will vote on the proposal at its February 8, 2024, meeting.
The revised fee structure, if approved, would include small increases in institutional fees across all enrollment tiers and creates a new tier for the largest institutions served by SARA (those with an FTE enrollment at or greater than 30,000 students).
|
Institution FTE Enrollment |
NC-SARA Annual Participation Fee - CURRENT |
NC-SARA Annual Participation Fee - PROPOSED |
|
Less than 2,500 |
$2,000 |
$2,200 |
|
2,500-9,999 |
$4,000 |
$4,400 |
|
10,000-29,999 |
$6,000 |
$6,600 |
|
30,000 or more |
$6,000 |
$8,800 |
The proposed fee structure change would be the first fee increase since SARA's inception in 2014. If approved by the Board at their February meeting, the new fee structure would be effective July 1, 2024.
To learn more, please join us for a webinar on Wednesday, November 29 at 11:00 am Mountain Time:
2023 SARA Policy Modification Process Wrap-Up: Results of NC-SARA Board Voting and Implications for SARA-Participating Institutions and State Portal Entities
Presenters will share updates about actions taken at the Fall 2023 NC-SARA Board Meeting, including the potential SARA-participating institution fee increase and the outcomes of voting on the six SARA policy modification proposals that were approved by the regional compacts through their Regional Steering Committees (RSCs).
We will continue to provide updates to the SARA Community as we receive more information about the proposed fee increase. Please email info@nc-sara.org if you have questions.