Board of Regents Vote to Approve Nevada Tuition Hike - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Board of Regents Vote to Approve Nevada Tuition Hike

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The Board of Regents approved a tuition increase Friday for all Nevada public higher education institutions.

Regents voted 7-6 to raise university and community college undergraduate fees by 4% each year for the next four years. Graduate fees will increase 2% each year for the next four years.

The increased fees will take effect in the fall of 2015 at the University of Nevada, Western Nevada College, Truckee Meadows Community College, UNLV, Nevada State College, Great Basin College and College of Southern Nevada.

Currently, university students pay $191.50 per credit. After the hike, students will pay $224 per credit. Community college students currently pay $84.50 per credit, afterwards it will be $98.75 per credit.

Nonresident tuition will rise 2% for community colleges and universities for 2017-2019.

"Increasing the cost of a college education is never an easy decision," said Dan Klaich, chancellor of the Nevada System of Higher Education. "We have continued to reduce costs, increase efficiencies and explore new revenue options. These increases will help us improve our student services and classroom instruction."

The tuition and fee recommendations were a direct result of meetings and public forums with students, presidents and campus communities over the past year. The recommendations were discussed over the course of two previous Board of Regent meetings in March and April, with final action taken at today's meeting.

The exception is Nevada State College, where undergraduate fees will rise 2.5% in the first year and 3.5% for the next three years.
 
Currently, the State of Nevada appropriates funds that cover 65.1% of the NSHE operating budget. Student fees and tuition make up 34.2%.

Tuition was last increased by 8% in 2011.
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