The finance committee of the CSU Board of Trustees on Tuesday approved the tuition hike, which would be on top of a previously approved 10 percent increase for the 23-campus system. About one-third of the new revenue would be set aside for financial aid.
The full board is expected to vote on the proposal Tuesday afternoon. If approved, annual tuition for in-state undergraduates would increase by $588 to $5,472, which doesn't include room, board or campus fees. University administrators say the additional increase is necessary because the new state budget reduces CSU funding by $650 million, or more than 20 percent. NEWS BY LOCATION | ABC30 BLOGS | DISCUSSION FORUMSBECOME A FAN ON FACEBOOK | FOLLOW ABC30 ON TWITTER