UNC to raise tuition three percent in 2012-13

The University of Northern Colorado Board of Trustees voted Friday to raise tuition three percent for the 2012-13 school year.

In-state undergraduates enrolled full-time, those taking 13-16 credit hours each semester, will have their tuition increased by $164, which leads to a $5,464 total for the year. Out-of-state undergraduates’ tuition will increase by one percent, which is $166 for the year.

Room and board will also increase three percent, student fees will increase by two percent and the library fee will increase by $12.

This raise comes on the heels of a 13 percent raise in tuition for the 2011-12 school year.

According to The (Greeley) Tribune, UNC spokesman Nate Haas said 72 percent of the university’s operating budget comes from tuition and room and board, due in large part to the recent decline in state funding.

Haas also told The Tribune the university has a multi-year financial plan that has the goal of saving $5 million over three years while also adding that UNC saved $6.5 million in the 2011-12 school year.

It was also reported that this will be the first year in three years that UNC will give raises to faculty.