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CU’s in-state undergraduate tuition will rise by about $654 next year.
The Board of Regents voted 5-4 on Wednesday to increase tuition for undergraduate Colorado residents in the school of Arts and Sciences.
Associate Vice President of University Relations Ken McConnellogue said that the vote to increase tuition was finalized Wednesday and the budget will be finalized in June.
“The vote on tuition was finalized [Wednesday],” McConnellogue. “The regents vote on the overall university budget, of which tuition is a part, in June.”
McConnellogue said that out-of-state undergraduates should also expect to see their tuition increase this coming year.
“Understanding that rates vary by program, the average resident undergraduate student in an Arts and Sciences disciplines at Boulder will see tuition increase $654 per year,” McConnellogue said. “Non-resident tuition will increase by $850 per year.”
That increase for non-residents will be for incoming students, as non-resident students receive a locked tuition rate when they first enter the unviersty.
Jessica Mullins, a 19-year-old freshman ecology and evolutionary biology and Spanish major, said that she is concerned for her parents carrying the burden of the rise in tuition.
“It’s an issue for my parents for sure, and since I’m not at home I don’t realize what a big issue it is,” Mullins said. “I think it’s definitely going to affect their retirement, and I think that’s sad.”
Allyson Stewart, a 19-year-old sophomore psychology and elementary education major, said that the Regents’ decision to raise tuition is alarming, especially for students having to pay off loans.
“While a tuition hike won’t cause me to transfer out of CU, it will definitely affect me personally,” Stewart said. “I want to be a teacher, which we all know, is not high paying and I am paying my own student loans. So raising tuition will definitely harm a lot of students like me who need to pay their own student loans.”
Contact CU Independent Breaking News Editor Nora Keating at Nora.firstname.lastname@example.org.