Tuesday, April 15, 2015
ATLANTA (WRDW) - The University System of Georgia's colleges and universities has voted to raise tuition for the third year in a row, according to the board's website.
The Board of Regents approved the 2.5% tuition increase to 27 institutions and approved targeted increases at the state's four research universities for the 2014-2015 academic year. The increases include:
- Georgia Institute of Technology- 9%
- University of Georgia- 7%
- Georgia Regents University- 4%
- Georgia State University- 4%
USG Vice Chancellor for Fiscal Affairs John Brown, says the new tuition hike will maintain the needed balance between state funding paying 50% and tuition covering the remaining cost.
“Our differential tuition strategy gives us the flexibility to set tuition at rates that ensure our institutions can fulfill their instructional mission but also address the affordability concerns of students and parents, particularly at our access institutions,” Brown said.
Brown says the higher rates at the research universities were set based on comparative tuition at peer institutions.