Individuals wanting to further their education and receive a college education will have to dig a litter deeper into their pockets for the upcoming school year.
The Kentucky Council on Post Secondary Education announced the approval of the 2012-13 tuition and mandatory fee proposals for the state’s public colleges and universities.
The tuition hike will include: Kentucky Community and Technical College System, which will increase tuition 3.7 percent; Eastern Kentucky University at 5.2 percent; Kentucky State University at 5 percent; Morehead State University at 5 percent; Murray State University at 4 percent; University of Kentucky at 6 percent; University of Louisville at 6 percent; and Western Kentucky University at 4.9 percent.
According to officials, state funding cuts to higher education over the past couple of years were the driving force behind the tuition increases.
Revenue received from the tuition hikes is estimated at $45.1 million and to help offset the recent $62.6 million of cuts in the 2012 budget bill.
The tuition hike also affects graduate rates for in-state and out-of-state students.