Posted at: 10/12/2012 10:39 AM
Updated at: 10/12/2012 2:23 PM
Regents Approve Potential Tuition Freeze
MINNEAPOLIS (AP) - University of Minnesota regents have approved a state funding request that could lead to a freeze on undergraduate tuition.
The Board of Regents signed off on President Eric Kaler's request of $1.18 billion over two years. That's up $91.6 million, or about 8 percent, from the current two-year period.
The Star Tribune reports that part of the increase would be used to keep undergrad tuition unchanged.
But such a freeze would depend on how much funding the Legislature approves.