The University of Wyoming Board of Trustees voted Friday to raise student tuition by 4 percent next school year. The move is in line with a policy adopted by the Board last year to review a possible increase like this annually.
UW spokesman Chad Baldwin says the approved hike will generate $2 million in revenue.
“Half of that amount, $1 million is going to be devoted to employee salaries,” says Baldwin. “The other $1 million is going to be distributed to 3 basic targets for the University—$500,00 for academic unit support budgets, $250,000 to the libraries and then $250,000 for information technology.”
UW’s in-state tuition remains among the lowest in the country.
“When you look at the numbers, and it’s still really striking, that we are by far the lowest among public doctoral degree granting institutions in the country when it comes to resident undergraduate tuition,” says Baldwin. “Now, we understand this is a pocketbook issue, and any increase at all is significant.”
The increase amounts to $75 per semester for resident undergraduates, and about $285 per semester for nonresidents.