Kentucky.com: UK announces tuition increase. Faculty and staff getting raises.

The University of Kentucky will raise tuition by 2.4 percent for in-state undergraduate students this fall, creating a price tag of $12,360 per year, according to a campus email sent Tuesday by President Eli Capilouto.

In-state tuition has gone up 112 percent since 2005 and 46 percent in the past decade, thanks to a combination of state funding cuts and increased costs. The Council on Postsecondary Education, the state’s higher education oversight agency, capped tuition increases at 6 percent over two years. Last year, UK raised in-state tuition 2.5 percent.

Tuition for out-of-state students will increase 6.2 percent to $30,680 this fall. For more on this story, please go to Kentucky.com.

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