Tuesday, April 26, 2016

Regulators approve tuition caps for colleges, universities

(AP) — State regulators have approved maximum tuition increases of about $500 a year for students at Kentucky's colleges and universities.

The Council on Postsecondary Education approved tuition increases of up to $547 per student per year for the University of Kentucky and $527 per student per year for the University of Louisville.

The universities of Western Kentucky, Northern Kentucky, Eastern Kentucky, Morehead State, Murray State and Kentucky State can raise tuition a maximum of $432 per student per year.

The 16 institutions in the Kentucky Community and Technical College System can raise tuition by $9 per credit hour.

The increases come after an intense legislative session where Republican Gov. Matt Bevin cut state spending on colleges and universities by more than $40 million during his first year in office.