Newspaper article St Louis Post-Dispatch (MO)
Curators at Mu Keep Promise of Low Tuition Hike
The University of Missouri's Board of Curators delivered on a promise Friday and raised tuition for the 1997-98 academic year just 3.1 percent.
The increase will apply to all students - undergraduate, graduate and professional - on all four of the university's campuses. Undergraduates who live in Missouri, for instance, will pay $124.80 a credit hour, or $3,744 if they take 30 credit hours a year. That compares with $121 and $3,630, respectively, this year.
Tuition for out-of-state students, always at least double that for Missouri residents, will rise by the same percentage. The board pledged in December to hold next year's tuition increase to no more than the inflation rate, giving students their first break after five years of increases between 9 and 14.6 percent. Those were built into the university's five-year financial plan as revenue to help finance improvements to buildings, salaries, technology and student financial aid. This academic year is the financial plan's last, and university officials say its goals are largely accomplished. When it comes to bills other than tuition, the board did not let students off quite so easy. A schedule of all student charges approved as a package Friday shows residence hall fees going up between 4 and 6 percent and some other, smaller fees rising as much as 10 percent. …