Board of Regents Approve UI Student Fee Increase
Wednesday, April 16 2014
MOSCOW, Idaho – April 16, 2014 – At the State Board of Education Meeting today in Moscow, the Board of Regents approved a 4 percent resident tuition and fee increase. Together, these basic tuition and fee increases will provide approximately $3 million in additional net revenue over FY2014 actuals which will help maintain and improve programs for UI students and preserve the UI’s ability to provide high quality education by funding faculty and staff salaries, which stand at about 84 percent of our peer average.
“We appreciate the Board of Regents’ consideration of our tuition and fee increase," said Chuck Staben, president of the University of Idaho. “Although the Board didn’t approve the full amount requested, their approval of a portion of the requested increase will help the university address some of the increasing costs of maintaining a high quality national research university. However, the challenges of sustaining our high quality programming will continue to grow.”
To continue providing the quality education its students deserve, university leaders asked the Board of Regents for a 4.7 percent resident tuition and fee increase.
The University of Idaho continues to equal or surpass its national peers at a cost far below the average, according to recent comparison studies. Last year, tuition for full-time, degree-seeking undergraduates at the UI was about 75 percent of the average of the university’s national and regional peers.
Additionally, the University of Idaho was ranked in the top 25 for return on investment by Forbes Magazine and continues to hold its place among nationally recognized universities for educational excellence and value.
Andrea Thomas, University Communications-North, (208) 292-1401, firstname.lastname@example.org
Gemma Gaudette, University Communications-South, (208) 334-2252, email@example.com
About the University of Idaho
The University of Idaho helps students to succeed and become leaders. Its land-grant mission furthers innovative scholarly and creative research to grow Idaho's economy and serve a statewide community. From its main campus in Moscow, Idaho, to 70 research and academic locations statewide, U-Idaho emphasizes real-world application as part of its student experience. U-Idaho combines the strength of a large university with the intimacy of small learning communities. It is home to the Vandals. For information, visit www.uidaho.edu