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St. Mary’s College of Maryland Board of Trustees Approves FY26 Budget

June 12, 2025
The St. Mary’s College of Maryland (SMCM) Board of Trustees met today and approved the College’s fiscal year 2026 operating budget of nearly $97 million. The budget results in a small projected surplus, and includes a modest tuition increase of 3%—the first such increase at the College since 2019.
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