History
Since its inception, NCSSM has been fully funded by the state, meaning no student is required to pay any tuition, room, board, or other student fees. This funding is supplemented by the NCSSM Foundation's private funding, which supports NCSSM's academic, residential, and outreach programs as well as providing funds for some capital improvements. In the past 25 years, the Foundation has raised in excess of $25 million in private support from corporations, foundations, alumni, parents and friends of NCSSM. A tuition fee was considered for the 2002–03 school year in the midst of a state budgetary crisis, but it was never implemented. In 2003, the NC Legislature approved a bill granting tuition costs for any university in the University of North Carolina System to all graduates of NCSSM, starting with the class of 2004, as an incentive to encourage NCSSM's talented students to stay in North Carolina. That bill was amended in 2005 to allow students to use additional tuition monies awarded to cover “costs of attendance.” However, the tuition waiver is in the process of being phased out in the Appropriations Act of 2009 in the North Carolina Senate in order to balance the budget. The bill states that "No new recipients shall be funded after June 30, 2009."
NCSSM has served as a model for 18 similar schools, many of which are now members of the National Consortium for Specialized Secondary Schools of Mathematics, Science and Technology (NCSSSMST).
Read more about this topic: North Carolina School Of Science And Mathematics
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