TERRE HAUTE, Ind.
(AP) - Trustees have approved a nearly 2 percent tuition and mandatory fees
increase for the next two years at Indiana State University.
The new rates
affect full-time, in-state undergraduate students. Tuition for those
students is expected to increase from $8,416 this academic year to $8,580
the following year and reach $8,746 for the 2016-17 academic year.
The increase is the
minimum amount needed to be able to offer a good education in the face of
state funding reductions, according to ISU President Dan Bradley.
“Tuition and fees
at Indiana State remain the most affordable of the state’s four main
residential institutions,” he said.
The (Terre Haute)
Tribune-Star reports that the 1.95 percent increase will fund university
priorities, including student success initiatives, and help cover the costs
of health insurance, utilities and facility maintenance.
The Commission for
Higher Education recommended that the school enforce a 1.65 increase in
tuition and mandatory fees.
Indiana State
University faces a $1.4 million reduction in state appropriations over the
next two years.
The school has lost
nearly $10 million in state appropriations over the past seven years.