- Associated Press - Friday, February 20, 2015

ANCHORAGE, Alaska (AP) - A 5 percent tuition increase has been approved by the University of Alaska Board of Regents.

KTUU (https://is.gd/SKIP0f) reports the board decided in favor of the increase by an 8-to-2 vote on Friday. The increase will be effective next fall.

A tuition hike was voted down by the board in September.

Regents said last week, however, that they were forced to consider the current tuition hike because of economic uncertainty about the 40 percent of UA funding that comes from the state amid widespread budget cuts.

The increase approved Friday works out to roughly $8 per each lower-division credit hour.

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Information from: KTUU-TV, https://www.ktuu.com


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