UNC tuition hike recommendation adopted

CHAPEL HILL UNC Chapel Hill says it has to cut $54 million out of their budget.

The finance committee of the UNC-Chapel Hill Board of Trustees advised Wednesday the full board OK the increase to take effect next fall. The full board meets Thursday.

The proposal could raise undergraduate in-state tuition and fees by $360 to about $7,000 per year. Out-of-state rates could be $1,570 higher.

Last week, Executive Vice Chancellor and Provost Bruce Carney said they are trying to find every source of revenue and cut costs every way they can.

Carney also said layoffs are inevitable, but they're very reluctant to cut professors and management.

The 6.5 percent is the most a University of North Carolina campus can seek for in-state rates. The UNC Board of Governors would still have to sign off. Lawmakers could allow higher rates as they did this year, when UNC-Chapel Hill in-state tuition rose $950.

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