Posted: July 22, 2009
Contact: Doug Anderson, email@example.com, 651-201-1426
The Minnesota State Colleges and Universities Board of Trustees today approved a budget that holds undergraduate tuition increases to an average of $114 at two-year colleges and an average of $169 at state universities for the 2009-2010 academic year.
That means full-time students at the 25 state colleges will pay an average tuition of $4,194 while students at the seven state universities will pay an average tuition of $5,791. Although the board raised tuition rates by 5 percent, the infusion of one-time federal stimulus funds will bring the increase that students pay down to a 2.8 percent for the colleges and 3 percent for the state universities. Some students will even see their tuition bill go down this year because larger student grants may offset the increase.
“We worked hard to keep the tuition increase as low as possible,” said Board Chair David Olson. “In the end, affordable tuition means more students can receive the education and training that Minnesota needs to remain competitive.”
Note: A list of annual tuition and fees for 2009-2010 is attached.