EAST LANSING, MI (WKZO AM/FM) – The price of classes for students at Michigan State University will be higher in the fall, after the university’s Board of Trustees unanimously approved an in increase tuition for full-time undergraduate and master of business administration students by $235 each semester or $470 for each year.
Additionally, graduate students, who pay by the credit hour, will see a $26 increase per credit hour. Tuition at the university’s professional schools will increase by 4%.
The vote came during a board meeting held in Flint Friday.
The board two months ago voted to increase housing and dining fees for first year students by nearly 7%. It’s the second straight year of a nearly 7% rise in costs for room and board.
The tuition increase amounts to a to 2.7% jump for in-state undergraduate students, but resident, nonresident and international students will all see the increase.
In a news release, Board of Trustees chair Dan Kelly said, “Given the across-the-board increases in the university’s costs and expenses, it is incumbent of the board to be fiscally responsible with institutional resources. After carefully reviewing the data, the board agreed upon the lowest recommended increase, which upholds our commitment to ensuring students have access to a quality, affordable, world-class education.”
The University of Michigan increased tuition for in-state students 2.9% next year, while Western Michigan University raised tuition 4.5% for first-year, in-state students, and Grand Valley State University increased tuition 3.5%.
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