Kentucky State University students could see their tuition go up as much as 5 percent this fall, after state officials voted Friday to set caps on how much public universities can raise rates.
The Council on Postsecondary Education voted to allow 6 percent tuition hikes at the University of Kentucky and the University of Louisville, 5 percent for regional schools and 4 percent for the Kentucky Community and Technical College System.
Council on Postsecondary Education President Bob King said in a statement that the tuition ceilings “strike the right balance between affordability concerns of Kentuckians and the needs of our campuses to serve students.”
The KSU Board of Regents meets Friday and could take up the issue. The meeting agenda has not been published, but the board must decide tuition rates soon; campuses will submit tuition proposals to the state in June.
Last year, the Board of Regents voted to raise tuition the maximum 5 percent to generate an additional $1.6 million of income.
In-state students now pay $242 per credit hour for up to 12 hours – usually equal to four classes. Each credit hour beyond that costs $121, a 50 percent discount. A student taking 15 hours pays $3,267 per semester, and 12 hours costs $2,904.
KSU officials have already announced that students will pay more for on-campus housing – up $50 per semester for single and double rooms, and $20 more for suite-style and triple occupancy dorms.
Housing costs will range from $1,600 for a triple room to $2,170 for a single.
The Associated Press contributed to this report.