LOUISVILLE - The Council on Postsecondary Education has approved allowing Kentucky universities to increase tuition by up to 8 percent over the next two years.
The Courier-Journal reports the panel said on Tuesday that the increase is necessary due to less state funding and higher university expectations. The hike was capped at no more than 5 percent in either year and would apply to in-state undergraduate students.
The panel also allowed community colleges to increase tuition by 4 percent over the next two years.
Each school will decide individually how to adopt any increases.
"Since I've been on the council, the universities have been cut by the state every year. And every year, we have asked them to do more," said Pam Miller, chair of the higher-education council. "It's admirable that our campuses continue to maintain exceptional quality and service to students."
An 8 percent increase would mean students at the University of Louisville would pay $10,546 per semester and students at the University of Kentucky would pay $10,780 per semester.
Universities are expected to submit their plans for tuition rates to the state by June 20.
A U of L spokesman said the school plans a 5 percent increase the first year and a 3 percent increase in the second.
The two-year approach "helps students and families plan ahead for college, moderates tuition increases over two years, and balances the need for our institutions to partially offset state budget cuts and increased fixed costs," said Bob King, president of the council.