06/03/2026
The Arkansas State University System Board of Trustees today approved a combined $402.6 million operating budget, as well as tuition and fees, for 2026-2027.
Interim System President Robin Myers said the overall system budget reflects investments in retaining and recruiting employees, the addition of the College of Veterinary Medicine at Arkansas State University and increased costs for utilities and insurance.
“Our campuses continue to prioritize student success and quality higher education while working hard to hold expenses under control and keep tuition as affordable as possible,” Myers said. “We are also seeing a lot of reallocation of resources to meet the demands for new programs.”
The Board of Trustees approved the following FY2027 budget and tuition plans for each ASU System institution:
• Arkansas State University – a 6.3% increase in operating budget from $236.4 million to $251.4 million, which includes the new College of Veterinary Medicine. Combined tuition and fees will increase 4% to $10,850 annually.
• Henderson State University – a 2.6% increase in operating budget from $52.2 million to $54.8 million. Combined tuition and fees will remain at $10,560 annually.
• ASU-Beebe – a $31.1 million operating budget with a combined tuition and fees increase of 3.5% to $4,440 annually.
• ASU-Mountain Home – a $12.8 million operating budget with a combined tuition and fees increase of 2.9% to $4,320 annually.
• ASU-Newport – a $20.1 million operating budget with a combined tuition and fees increase of 2.8% to $4,410 annually.
• ASU Mid-South in West Memphis – a $14.8 million operating budget with combined tuition and fees remaining flat at $4,770 annually.
• ASU Three Rivers in Malvern – a $9.2 million operating budget with a combined tuition and fees increase of 6.6% to $5,300 annually.
Trustees approved $132.5 million in capital improvement and $3.2 million in deferred maintenance projects across the seven system institutions, which have identified some $475 million in total deferred maintenance needs.
Henderson full-time faculty and staff will each receive a $2,000 salary increase, which is their first positive compensation adjustment since they took a 20% pay reduction and 40% retirement benefits cut in 2019. Henderson Chancellor Trey Berry said he is hopeful about being about to do more for employees as enrollment trends continue to improve.
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