U of M, MnSCU to consider 3% tuition increaseby Tim Post, Minnesota Public Radio
St. Paul, Minn. — The University of Minnesota and the Minnesota State Colleges and Universities system are each considering 3 percent tuition increases next year.
The President of the University of Minnesota, Robert Bruininks, will present a draft budget to the U's board of regents later this week that would raise tuition by about $300 next year. But because of help from the federal stimulus package and a new scholarship for middle income families, Bruininks says 60 percent of students would see a slight decrease in their tuition bill.
The U of M Regents will vote on the budget proposal June 24th.
A spokesperson at MnSCU says Chancellor James McCormick will recommend next week that the system's board of trustees raise tuition by no more than 3 percent next year. That amounts to $114 at the state's two-year colleges, and $169 at the state's four-year universities.
The MnSCU board will vote on the tuition proposal in July.