UNC’s trustees have approved tuition increases of $1,630 for out-of-state undergraduates and graduate students and $509 for resident graduate students for 2013-14. The increases require the approval of the UNC System Board of Governors, which typically acts in February.
Aside from this plan, in-state undergraduates already will pay $600 more next year because of an increase already approved by the BOG.
The new rates follow the recommendation of the campus tuition advisory task force, which Chancellor Holden Thorp ’86 adopted as his recommendation.
In-state undergraduates currently pay $5,823 a year (not counting fees), and out-of-staters pay $26,575. N.C. resident graduate students pay $7,834; nonresidents pay $23,924. The new undergraduate rates would be $6,423 for residents and $28,205 for out-of-staters; and $8,343 and $25,554 for graduate students.
The trustees also approved a modest increase in the fees all undergraduates pay, $47 more, or $1,917 in fees — bringing the totals to $8,340 for North Carolinians and $30,122 for nonresidents.
The increases for all students would generate $22.9 million, to be used primarily to hire new faculty, teaching assistants and academic advisers and to chip away at class size. Bruce Carney, executive vice chancellor and provost, reminded the trustees that the increases would leave the University still catching up from the loss of nearly $200 million in state budget cuts over the past three years.
Carney showed the board that Carolina’s 2013-14 rates would be behind the rates now charged at 10 public peer universities — Pittsburgh, Michigan, Minnesota, Berkeley, UCLA, Washington, Virginia, Wisconsin, Texas and Maryland.
In line with UNC’s policy of covering 100 percent of need for students receiving financial aid, about 38 percent of the revenues from the increase would be set aside to cover its impact on those students.
In addition to the campuswide increases, several professional schools would add tuition increases of their own — these are not restricted by BOG policy — of between 4 percent and 15 percent, including the schools of business, government, information and library science, dentistry, medicine, nursing and public health.