UK trustees approve lower tuition increase than expected

LEXINGTON University of Kentucky students will pay less than they expected for tuition next year, but it will still be a double-digit increase of 12-point-5 percent.The school had projected a possible 14-point-5 percent tuition increase in February, but trustees voted today 14-to-2 for the lower increase for the next school year.
Student representative Rachel Watts and former board chairman Steven Reed opposed the measure. Watts cautioned that continuing to increase tuition by double digits each year might keep some potential students from being able to afford U-K.
A 12-point-4-5 percent increase would make tuition rise to two-thousand,906 dollars a semester. That's up from two-thousand,582 dollars and 25 cents, for freshmen and sophomores.
U-K president Lee Todd says additional state funding of 13-point-5 (m) million dollars allowed U-K to consider less of a tuition hike than first thought.
The five-thousand,165 dollars U-K students spend on tuition and other classroom fees per semester are higher than any other state university. Measured against similar costs at 19 other "benchmark" schools across the country, Todd says U-K ranks 15th.

Source: http://www.wkyt.com/Global/story.asp?S=3140458