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Tuition and fees for ���ϲ�ͼ��’s public universities approved by the board today for the 2023-24 academic year demonstrate a commitment to keep increases low for ���ϲ�ͼ�� students and families. The board also approved tuition growth rates for the next five years that reflect a new multi-year tuition setting structure to increase cost predictability for resident students at ���ϲ�ͼ��’s public universities.

The new multi-year structure includes setting maximum tuition growth rates for a six-year period with the board revisiting tuition every four years thereafter. The new structure also provides a lever for the board to suspend any announced tuition increases if the state of ���ϲ�ͼ�� increases General Fund appropriations by a similar amount for the universities.

For two consecutive years during 2020-2021 and 2021-2022, the board and university presidents did not increase resident tuition to ensure higher education at ���ϲ�ͼ��’s public universities remained accessible for students during economic challenges brought about from the COVID-19 pandemic.

“Tuition rates for the 2023-24 academic year reflect modest growth as do maximum growth rates for the next five years. Our hope is for increased multi-year funding from the state so we can hold the line on tuition increases for students and families,” said ���ϲ�ͼ�� Chair Lyndel Manson. “Our students are increasingly challenged with rising inflation, housing costs and being able to afford college. Increased funding from the state will help more ���ϲ�ͼ�� students realize their college dreams and contribute to our state’s workforce needs.”

Several initiatives and programs are improving access for students. ���ϲ�ͼ��’s public universities offer robust financial aid for students, collectively providing more than $1 billion in institutional gift aid. The board’s ���ϲ�ͼ�� Promise Program also covers tuition and fees for low-income resident students.

The approved 2023-24 tuition and fees are available here.