When in-state undergraduates start classes this fall, they’ll pay more to attend the Universities of Wisconsin. That extra money will go toward rising health care costs and pay increases for university employees and financial aid for students, among other things.
Earlier this month, the UW Board of Regentsapproved a 3.75% tuition rate increase for the second consecutive year after a decade-long tuition freeze.
Out-of-state undergraduate students will also pay more, as will most graduate students.
The latest 3.75% hike is necessary to maintain the system’s bottom line and keep up with inflation, according to President Jay Rothman.
Before the board unanimously approved the increase on April 4, Sean Nelson, vice president for finance and administration, explained how the Universities of Wisconsin determined a “reasonable tuition rate,” and the ways that money will be used.
Here’s what Nelson presented to the Regents.