Out-of-state students and those in UW-Madison’s professional schools could soon see another round of tuition increases after Chancellor Rebecca Blank told faculty Monday she plans to ask the university’s governing board in the coming months to raise prices for those students.
Blank also said UW-Madison plans to distribute $9 million in raises and bonuses to its faculty and academic staff in a move aimed in part at shoring up morale among employees.
The chancellor announced the initiatives during her State of the University speech Monday at a meeting of the UW-Madison faculty senate, where she touted the university’s achievements over the past year but acknowledged the challenges it faces in creating a “more stable financial base” amid declining state funding.