University of Louisville trustees on Thursday unanimously approved a 6 percent tuitionincrease for undergraduate students beginning in the fall semester.
The increase — combined with fee hikes and the enrollment of 100 additional freshmen this fall — is expected to bring in $12.7 million to offset a $9.7 million decrease in state funding, according to documents presented to the trustees.
The increases must still be approved next month by the Kentucky Council on Postsecondary Education, but the council already gave U of L and the University of Kentucky permission to raise tuition by up to 6 percent for the upcoming academic year.
U of L officials said tuition increases have been necessary to offset 12 years of state budget cuts. The university also is trimming academic budgets and support-unit budgets by 2 percent to 3 percent and giving faculty and staff one-time payments of $1,200 in place of salary increases.