Ramsey: U of L plans 3 percent tuition increase for 2015-16 scho - WDRB 41 Louisville News

Ramsey: U of L plans 3 percent tuition increase for 2015-16 school year

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LOUISVILLE, Ky. (WDRB) -- The University of Louisville plans to raise tuition for undergraduate students by 3 percent for the 2015-16 academic year, U of L President James Ramsey said Thursday.

The recommended increase will apply to both in-state and out-of-state students, Ramsey said.

The 3 percent hike is the maximum allowed by the Kentucky Council on Postsecondary Education. Based on U of L's current rates, the move would bring annual tuition for an in-state undergraduate student to $10,543.

Add a dorm room, a meal plan and books, and the total cost to attend U of L is almost $19,000 a year, the university says.

Last summer, the Council on Postsecondary Education voted to allow research universities like U of L and the University of Kentucky to raise tuition by a total of 8 percentage points over the 2014 and 2015 academic years -- and by no more than 5 percent in a single year.

U of L and UK raised tuition 5 percent for the 2014 year, so another 3 percentage points is the maximum the universities can raise tuition for the upcoming year.UK said earlier this month that it would take the 3 percent increase for the 2015-16 year, according to the Lexington Herald-Leader.
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