U of M regents approve tuition freeze for in-state undergradsThe University of Minnesota Board of Regents has approved a tuition freeze for in-state undergraduates next year.
By: Associated Press report, Associated Press
MINNEAPOLIS — The University of Minnesota Board of Regents has approved a tuition freeze for in-state undergraduates next year.
University officials say it’s the first tuition freeze in a generation. Regents approved the freeze as part of the school’s operating budget Friday.
The plan also increases tuition for students from states without reciprocity agreements, raises price tags for graduate and professional students and boosts funding for research. Thirteen credits at the University of Minnesota Duluth this year for an undergraduate, in-state student were $5,860. Credits above 13 in a year are free.
The Star Tribune reported that the plan announced Friday also cuts administrative costs and pays for the hiring of more than 50 faculty members.
Regent Laura Brod was the one regent to vote against the budget, saying that she was worried about increases in spending.
University President Eric Kaler proposed the 2014 operating budget. It spends about $61 million more than the year before, a 1.9 percent increase.
Regents also approved UMD’s campus master plan, which allows for a “front door” vehicle entrance on College Street and a “side door” pedestrian/bike entrance on Woodland Avenue, among other features, including more green space and places to put future buildings.
Other UMD budget highlights include:
The News Tribune contributed to this report.