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UM Raises Tuition 2.8% In 2012-13

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ANN ARBOR (WWJ/AP) - The University of Michigan plans to raise in-state undergraduate tuition and fees 2.8 percent next year.

The Ann Arbor school’s decision brings the tab to nearly $13,000 for most freshmen and sophomores. The increase adds $360 per year for most students.

Tuition for non-residents also will increase, rising by 3.5 percent and reaching more than $39,000. It adds $1,340 per year for most out-of-state students. Tuition for graduate students is set to rise an average of 3 percent.

The increases, passed in a 5-3 vote by the Board of Regents on Thursday, is the university’s second-lowest tuition increase in a decade, according to Ann Arbor.com.

“While we certainly appreciate this increase, it also is important to note that this modest increase comes after a decade of significant cuts in state funding,” said Provost Phil Hanlon, the university’s chief academic and chief budget officer, in a media release.

University officials calculate that over the course of 11 years, state appropriations to the school have dropped by $178 million. That’s after adjusting for inflation.

Separately, regents approved a 3 percent increase in residence hall room-and-board rates. The plan includes a 1 percent increase to partially offset projected cost increases and a 2 percent increase to continue funding for major renovations of housing facilities.

Michigan State University is also expected to announce a tuition increase — slightly steeped than UM’s. That’s according to WWJ Lansing Bureau Chief Tim Skubick who said, if approved by the board of trustees this Friday , the under-4-percent tuition increase would cost the average student heading to MSU about an additional $500 a year.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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