MINNEAPOLIS -- University of Minnesota students would see an average 13.3 percent tuition increase next year under a plan being discussed Thursday by the school's Board of Regents.
Regent Michael O'Keefe described the regents' meeting as one to deal with "the hand we've been dealt by the Legislature."
University President Mark Yudof recommended the tuition hike to the regents last month, saying the increase, accompanied by a $103.3 million budget cut, was necessary because the Legislature has approved only half as much new money as the school requested.
Lawmakers approved $111 million in new money for the university on top of its previous $1.2 billion two-year budget.
The regents planned to vote on Yudof's plan later Thursday.
The plan would raise tuition for undergraduates and graduate students by an average of 13.3 percent on all four campuses. That would cost each student about $560 to $680 more a year. Another 13.6 percent tuition increase is anticipated in 2003.
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