The Regents of the University of Colorado voted 8-1 on Monday to raise tuition throughout the CU system. Tuition hikes will vary depending on the campus, program and resident status of affected students. The following table illustrates the tuition hikes for CU’s undergraduate students
In dollars and cents, in-state students at CU Boulder will see an annual increase of almost $600 in tuition. An in-state student at CU Denver’s annual tuition will rise by over $500 and the tuition for an in-state student at the Colorado Springs campus will rise by over $400.
As justified in the agenda from the CU Board of Regents meeting on Monday, state funding to the university was reduced by $121 million dollars for the 09-10 fiscal year. This translates to a $2600 per student reduction. Federal stimulus money covered the reduction, thus making a tuition hike unnecessary. The stimulus however, was a one-time infusion of cash. With help not coming from the state or federal level, students are now being asked to shoulder the financial burden created by the reduction in funding.
For more information, please read the memo from the CU Vice President for finance to the Board of Regents.