Tuition hikes approved for public universities
Posted July 14, 2010 7:25 p.m. EDT
Updated July 17, 2010 3:32 p.m. EDT
Chapel Hill, N.C. — After consulting with chancellors and University of North Carolina Board of Governors, UNC President Erskine Bowles on Wednesday approved supplemental tuition increases for the 2010-11 academic year.
These increases – authorized by a special provision in the 2010-11 state budget and averaging $444 per year – will be used to help offset an extra $70 million in state budget cuts.
The increases are in addition to a $200 increase approved last year by state lawmakers. Under guidelines for that increase, each campus had to raise tuition by the lesser of 8 percent or $200, with the extra revenue going to the state's General Fund.
As a result, in-state undergraduates will see an average 15.5 percent increase in tuition and required fees for the fall semester.
In every UNC campus, at least half of the revenues from the initial tuition increase and 20 percent of revenues from the supplemental increase will be targeted to need-based financial aid.
The amount of increase varies across the state. In-state undergraduate students at UNC-Chapel Hill will see an increase of $750 and N.C. State will see an increase of $700. For a complete list of tuition increases at the system's 16 higher education campuses, visit the UNC website.