AUSTIN (KXAN) — University of Texas at Austin President, Greg Fenves, has laid out his plan to raise tuition over the next two years.
He wants to raise tuition by 3.1-percent next year and another 3-percent the year after.
The increases would apply to all:
- In-state students
- Out-of-state students
- Graduate students
- Professional programs
Breaking down the numbers, the raise comes out to a $152 increase per semester for undergraduate students from Texas.
Fenves says this would be the first tuition hike for in-state undergraduate students since 2011. He also claims it will help him increase financial aid.