UVM Trustees Approve Tuition Increase

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The trustees of the University of Vermont have approved a 5.8 percent tuition increase.

The increase for the 2011-2012 school year is part of a budget plan that freezes the salary for faculty. The budget passed Friday at the annual pre-commencement meeting also includes $2.9 million in spending cuts. Richard Cate, vice president of finance, says there will be cuts in nonacademic posts campuswide.

The increase will bring in-state tuition to just over $12,000. The cost of room and board is also expected to go up about 4 percent, for a total in-state cost of about $26,000 a year.

University officials say much of the new cost to students from the tuition hike would be offset by an $11.8 million increase in financial aid.

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