Board OKs Tuition Increases at Most KY Colleges
By The Associated Press
LOUISVILLE, KY - The average cost of a four-year degree in Kentucky will be more than $39,000 this fall after state regulators approved tuition increases at all but two of the state's public universities.

The Council on Postsecondary Education approved the increases during its board meeting on Friday. All but two schools asked for the maximum increase allowed. The University of Louisville did not raise tuition for any students. Kentucky State University's board of trustees has not met yet to ask for a tuition increase.

The University of Kentucky had the largest dollar-amount increase, increasing tuition by $452 per year for in-state students. Western Kentucky University had the lowest dollar-amount increase at $290.

State lawmakers cut funding for public colleges and universities by 4.5 percent in the most recent spending plan.

The Council also finalized a policy Friday for state funding of public colleges and universities.

State funding will be determined by how many and what types of degrees its students earn.

From now on, 35 percent of state funding for public colleges and universities will be based on the types of degrees awarded. Of that, 5 percent will be determined by the number science, technology, engineering and math degrees; 3 percent based on degrees for low-income students and 3 percent based on degrees for minorities.

The model is based on Republican Gov. Matt Bevin and others' push for more focus on training people for the types of advanced manufacturing jobs state officials are wooing.

Published 06:22 AM, Saturday Jun. 17, 2017
Updated 11:12 PM, Friday Jun. 16, 2017

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