Connecticut university officials plan to vote on a proposal Tuesday that will raise the cost of college for in-state residents by 5.1 percent next fall and decrease the price for college-bound students from other states by 2.6 percent.
The plan that members of the Board of Regents' Finance Committee will consider Tuesday also creates eight new fees that many students will be required to pay.
The move to boost the average cost for Connecticut students living on campus by at least $778 while decreasing out-of-state costs by $170 comes as the system works to close a significant budget gap. Officials at the 100,000-student system hope the move will lure more out-of-state students to help make up for declining student enrollment, drastic cuts in state funding and a mandatory 5 percent pay raise for unionized employees next year.
"Each of the universities expressed concern that the high cost of the out-of-state rate was a major deterrent to attracting out-of-state students. Reducing the cost ... would improve marketing of academic programs to non-resident students," the proposal reads.
If approved, this would be the second consecutive year that the board would move to lower tuition for out-of-state students.