Regents freeze in-state tuition, fees at UT for two years
UT-Austin had proposed raising tuition and fees by 2.6 percent in the fall and another 2.6 percent in fall 2013. The two-step increase would have lifted the semester charge by $258 to $5,154. Instead, the semester charge for students from Texas will remain at $4,896.
To make up for the $6 million in annual revenue that would have resulted from the requested tuition increase, the regents allocated that amount to the Austin campus for each of the next two years from the higher education endowment they oversee. Unlike tuition, that endowment money cannot be counted on to continue flowing after two years.
“I am disappointed that our very thoughtful proposal… was not adopted,” said UT-Austin President Bill Powers.
Gov. Rick Perry has urged university governing boards to hold the line on tuition.
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