UT-Austin had proposed raising tuition and fees by 2.6 percent in the fall and another 2.6 percent in fall 2013. The two-step increase would have lifted the semester charge by $258 to $5,154. Instead, the semester charge for students from Texas will remain at $4,896.
To make up for the $6 million in annual revenue that would have resulted from the requested tuition increase, the regents allocated that amount to the Austin campus for each of the next two years from the higher education endowment they oversee. Unlike tuition, that endowment money cannot be counted on to continue flowing after two years.
“I am disappointed that our very thoughtful proposal… was not adopted,” said UT-Austin President Bill Powers.
Gov. Rick Perry has urged university governing boards to hold the line on tuition.
- As UT, A&M Regents Meet the Week, Governor Eyes Tuition (timesoftexas.com)
- $10K degree at UTPB first in Texas (timesoftexas.com)
- A&M, UT tuition hikes (timesoftexas.com)
- Outside effort could rekindle UT faculty productivity and tuition increase controversy. (timesoftexas.com)
- Texas A&M president proposes tuition hike (timesoftexas.com)
- University explores potential tuition increases (timesoftexas.com)
- Board of Regents to vote on proposed tuition increase at next meeting (timesoftexas.com)
- Regents approve UT’s plan to buy tract (statesman.com)
- Tuition discussions stay closed to committee members despite requests to open them (timesoftexas.com)