UNM budget includes tuition increase

Farmington Daily Times - The new budget for the University of New Mexico includes a nearly 4 percent tuition increase and higher student fees. UNM regents unanimously approved the $252 million instruction and general budget on Friday. It includes a 3.75 percent increase in tuition and a 5.6 percent increase in fees. Tuition will increase to $4,825 for undergraduates annually and $3,928 for graduate students. On top of that, undergraduates will pay $1,223 and graduates will pay $1,255 in fees. The tuition increase is necessary in part to help cover a one-time payment to employees whose pay comes from the instruction and general budget, officials said. University employees have not had a pay raise in three years. The final vote also includes a big increase in fees for athletics that all students pay. The preliminary budget that included the increase to $132 from $82 was the subject of student protests. The Albuquerque Journal reports (http://bit.ly/IrZlkk ) that even the student regent on the board approved that increase. Read More News New Mexico

UNM budget includes tuition increase