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Tue March 19, 2013
UK Approves Smallest Tuition Increase Since 1997
Tuition, fees, and on-campus housing rates are on the rise at the University of Kentucky.
In-state students at UK will see tuition and fees increase by 3 percent beginning next academic year. Out-of-state students will pay 6 percent more.
President Eli Capilouto characterized the increase as ‘modest,’ noting that it’s the lowest annual percentage increase at UK since 1997.
“It was a commitment we made when we went through our budget planning beginning twelve months ago. We thought the principle of access and affordability should be respected," he said.
For in-state undergraduate students, tuition will be nearly $10,000 a year beginning next fall, up $290 from the current academic year.
“Our students at the University of Kentucky, half of whom leave with no debt, and those who do have debt, they’re at reasonable amounts. So I feel like we’re offering an incredible value for the price," Capilouto said.
The proposal must be still be approved by the Kentucky Council on Postsecondary Education.