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Last updated on May 27, 2012 at 12:41 EDT

Proposed UK Budget Includes 12 Percent Tuition Increase

June 13, 2006
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By The Lexington Herald-Leader, Ky.

Jun. 13–A $1.8 billion budget that relies on student tuition increases is expected to win approval this afternoon from the University of Kentucky Board of Trustees.

The board is to meet at 1 p.m. today in the Patterson Office Tower on campus.

The new spending plan includes a 12 percent increase in tuition.

The budget would provide 3.5 percent faculty and staff salary increases based on performance. A 1.5 percent “catch-up” raise for faculty, probably based on merit, also would be available after Jan. 1.

About $750 million in the spending plan will go to capital projects.

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Copyright (c) 2006, The Lexington Herald-Leader, Ky.

Distributed by Knight Ridder/Tribune Business News.

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