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Undergraduate business majors at UNC next fall will pay a $2,000 fee each year on top of tuition and other fees. The UNC System Board of Governors recently approved the new fee, which is intended to allow Kenan-Flagler Business School to increase enrollment 50 percent to meet increased demand.
Overall, UNC tuition and fees will be $8,758 for North Carolinians — down from $9,005 this year due to reductions in fees. Out-of-state students will see a $600 annual increase for new students enrolling in the fall of 2018, bringing the total for tuition and fees to $34,941. Returning out-of-state students will pay a $300 increase to $34,888.
The change is expected to raise nearly $4 million in additional revenues for academic programs, faculty recruitment and retention, and graduate student support.
In 2016, the N.C. General Assembly enacted a law calling for tuition increases for in-state students to apply only to incoming freshmen and transfers, with continuing students remaining at the rates at which they entered. This provision does not apply to out-of-state students.
The fee schedule includes a sunset on an administrative computing fee, which resulted in an overall reduction in fees. That fee was $50 last year.