|Page (1) of 1 - 07/12/11||email article||print page|
Calif State University committee approves 12 percent tuition hike to offset state budget cut
LONG BEACH, Calif. (AP) ' A California State University committee has approved a plan to raise tuition by another 12 percent this fall to offset a deeper-than-expected cut in state funding.
The finance committee of the CSU Board of Trustees on Tuesday approved the tuition hike, which would be on top of a previously approved 10 percent increase for the 23-campus system. About one-third of the new revenue would be set aside for financial aid.
The full board is expected to vote on the proposal Tuesday afternoon.
If approved, annual tuition for in-state undergraduates would increase by $588 to $5,472, which doesn't include room, board or campus fees.
University administrators say the additional increase is necessary because the new state budget reduces CSU funding by $650 million, or more than 20 percent.