ALBUQUERQUE, N.M. (AP) - The University of New Mexico has approved a plan to raise tuition for its upper-level courses and graduate students.
The Albuquerque Journal reports (https://bit.ly/2qgkbQr ) that rather than an across-the-board percentage tuition hike, the school’s Board of Regents on Wednesday approved a plan that increases tuition by $18 per credit hour on upper-level courses.
Administrators say the plan means more than half of the university’s undergraduate population will not receive tuition raises.
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Graduate students’ tuition will rise by 4 percent and also $18 per credit hour on some courses.
The extra tuition money should cover about half of the $8.9 million budget shortfall the school has projected for the fiscal year that starts July 1. The regents are expected to approve the full 2018 budget next month.
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Information from: Albuquerque Journal, https://www.abqjournal.com
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