In an effort to lure more out-of-state students to Connecticut and close a budget gap, the Board of Regents for Higher Education, which oversees the state's university system, is considering a plan to hike in-state tuition rates by 5.1 percent for the fall 2013-2014 academic year and decrease tuition for out of state students by 2.6 percent.
The Regents' finance committee met yesterday to act on the proposal, according to the Connecticut Mirror.
The move would mean in-state students living on campus would pay an additional $778 in tuition and fees next year, while out-of-state students living on campus pay $170 less, the website reports. In-state students living off campus would see thier tuition and fees increase by $434 a year.
The Board of Regents oversees the state's four universities, Western, Eastern, Southern and Central. They do not set fees or tuition for the University of Connecticut.
The new tuition and fees, the Mirror reports, reflect an effort by the Board of Regents to attract more out of state students at the four universities and balance its budget amid increasing cuts by state officials.