The University of Kentucky Raises Tuition Again
The University of Kentucky board of trustees has voted to increase student tuition and fees by six percent. The board voted Tuesday following plans announced last month to increase tuition as state funding for postsecondary education saw a 6.4% cut.
The change for in-state tuition for underclassmen will be $274, from $4,564 to $4,838 per semester for the 2012-13 academic year.
Upper division students will also see costs climb from $4,696 to $4,978.
University president Eli Capilouto says declining state support, research funding and endowment resources have strained the university budget which prompted the tuition increase.