UConn trustees approve $1.3 billion budget for 2015-2016


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

STORRS, Conn. (AP) — The University of Connecticut Board of Trustees has approved a $1.3 billion budget for the main campus in Storrs and five regional campuses for the 2015-2016 fiscal year, including a previously approved tuition increase of 6.75 percent.

Trustees on Wednesday signed off on the budget, which will increase spending by 7.6 percent over the current budget. The board also approved $1 billion for the UConn Health Center for 2015-2016, a 6.9 percent spending increase.

UConn officials say a state aid reduction will create a $28 million deficit. The state budget approved by the General Assembly includes about $243 million for UConn — $15.7 million less than requested.

The total in-state undergraduate cost of attending UConn, including tuition, room and board, will be about $25,500 in 2015-2016, up from about $24,500.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press
    KSL.com Beyond Business
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button