June 07, 2019 08:22 PM
University of Minnesota President Eric Kaler's final budget proposal, which cover the fiscal year 2020, recommends increases in tuition.
The budget proposal published Friday increases tuition revenues to the U of M by an estimated $29.8 million, according to the report. The increased revenue is based on three tuition rate recommendations:
The budget report states affordability for students remains a high priority, and as a result, the budget doesn't include recommended tuition increases to fully offset the difference from the requested state appropriation and the approved state appropriation. It also states the proposed tuition increases above fall within the state legislation for the next biennium requesting no tuition increases of more than 3% in each year, and instead remains in the originally planned range from last fall's biennial budget.
The Board of Regents does have to approve the final budget.
Updated: June 07, 2019 08:22 PM
Created: June 07, 2019 05:48 PM
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