Universities of Wisconsin Board of Regents Approve In-State Undergraduate Tuition Increases
Sunday, April 7th, 2024 -- 9:00 AM
(Margaret Faust, Wisconsin Public Radio) The Universities of Wisconsin Board of Regents unanimously approved in-state undergraduate tuition increases Thursday.
According to Margaret Faust with Wisconsin Public Radio, the base tuition rate for resident undergraduates will increase by 3.75 percent. This is the second increase in two years since a tuition freeze was lifted.
Tuition increased by an average of 5 percent for this school year. The regents also approved an increase in segregated fees, room and board rates, graduate tuition and non-resident undergraduate tuition. Regents said tuition increases are necessary as system-wide enrollment declines persist.
Other contributing factors include inflation, rising health care costs and dwindling COVID relief funds. Most of the universities in the system have projected deficits. The tuition hike will increase university revenue by about $39 million.
The funds will be used primarily to cover the campus share of pay raises for UW workers approved in December.
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