In a razor-thin vote, the University of Colorado’s Board of Regents this morning passed a 9.3 percent in-state tuition increase for most students on the Boulder campus.
Amid plummeting state funding, the board voted 5-4 to increase annual tuition by $654 to $7,652 for Colorado students enrolled in the College of Arts and Sciences, the campus’s biggest college.
CU guarantees a four-year, locked tuition rate for out-of-state students, but yearly rates for incoming non-residents will ratchet up by $850 to $28,850.
The regents’ vote comes before the May 1 national commit date when high-school seniors need to confirm with colleges.
Today’s vote on tuition has been the most controversial in the board’s recent history, with two Democrats and two Republicans voting against the rate increases. Those opposed to the increases expressed concerns that raising rates will price out students from attending CU.
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