The Latest: Regent panel OKs nonresident tuition increase
MADISON, Wis. (AP) — The Latest on tuition changes in the University of Wisconsin System (all times local):
A University of Wisconsin System regents committee has approved increasing nonresident and graduate tuition at three schools next year.
The regents’ finance committee approved the increases Thursday, setting up a full board vote Friday.
Nonresident undergraduate tuition at UW-Eau Claire would increase by $355 to $15,636. Nonresident undergraduate tuition for the materials science and engineering program would increase $391. Nonresident graduate tuition would increase $430.
Nonresident graduate tuition in UW-Milwaukee’s business school would increase $539.
Nonresident graduate tuition at UW-Stout would increase $296. Nonresident graduate students who pay Minnesota tuition rates under Wisconsin’s reciprocity agreement would pay $157 more. Nonresident grad students under the Midwest Student Exchange Program, in which schools agree to charge students no more than 150 percent of in-state rates, would pay $166 more.
New in-state University of Wisconsin-Madison students will get free tuition if they come from families making $56,000 or less.
Chancellor Rebecca Blank announced the initiative, dubbed “Bucky’s Tuition Promise,” at a UW System regents meeting Thursday. She said in a news release that a perception that the school is too expensive keeps some Wisconsin high school students from applying and UW officials want to end that belief.
The guarantee begins in the fall of 2018. UW officials say the pledge is expected to cover more than 800 students in each incoming class and cost about $825,000 per year beyond what the school already offers in aid. The university expects to fund it using private gifts rather than tax dollars.
In-state tuition and fees now are $10,533 a year.