Update: Regents set 2014-15 tuition rates

The University of Colorado Board of Regents today approved tuition rates throughout the system for the 2014-15 fiscal year.

In most cases, the increases affecting resident undergraduate tuition are about 3.4 percent, well below the 6 percent expected to be allowed this year by state lawmakers, as well as below last year’s rates of increase across the CU system, which ranged from 6 percent to 8.7 percent.

The board voted 7-2 in favor of the slate of rates recommended by university administration, which presented information to the board during its meeting at system administration offices in Denver. Regents James Geddes and Joe Neguse voted against the proposed tuition rates.

Rates vary by program. Unless otherwise noted, rates of increase listed here – from the resolution voted on by the board – pertain to resident undergraduate base tuition:

University of Colorado Colorado Springs: up to 3.4 percent, or up to $254 for an academic year (30 student credit hours)

University of Colorado Denver: up to 3.5 percent, or up to $296 for an academic year (30 student credit hours, arts and sciences)

University of Colorado Boulder: likely 3.3 percent; up to 3.4 percent, or up to $298 for an academic year (30 student credit hours, arts and sciences)

University of Colorado Anschutz Medical Campus: up to 6 percent, or up to $21.50 per credit hour (undergraduate nursing students)

The tuition rates are qualified as “up to” because administrators will be working on budget proposals in the coming weeks, and will keep the increases as low as possible – and no higher than the ceiling figures listed.

CU Connections will continue to be updated with news from today's board meeting.