July 20, 2011 Leave a comment
by Tiffany Rider, Staff Writer
In response to the state budget cut of at least $650 million for the coming school year, the California State University system wasted no time to vote on a 12 percent tuition rate increase.
The tuition hike was approved at the July 12 meeting of the CSU Board of Trustees and takes effect this fall, bumping tuition costs at all 23 campuses to $5,472 for full-time undergraduate in-state tuition – an increase of $294 per semester on top of the added $222 per semester approved last November.
In addition, credential program participants will see an increase in tuition by $339 per semester, and graduate student tuition by $360 per semester, according to the CSU. One-third of the revenues generated from the 12 percent tuition increase are to be allocated for financial aid.