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MSU raises fall tuition, creates aid program

Students will pay more for classes this fall as a result of a tuition increase set by the MSU Board of Trustees at its meeting Monday.

To balance the 5.9 percent tuition increase for in-state undergraduate students and 6.9 percent increase for out-of-state undergraduate students, financial aid was expanded by 8.5 percent and the new Spartan Advantage program, which will help finance incoming freshman at or below the poverty level, was implemented.

Even though MSU is seventh in the state for education costs, the university is seeking ways to expand the number of potential students, MSU President Lou Anna K. Simon said.

"We have to increase the talent pool," Simon said. "It needs to be a world-class pool. This budget is trying to do that."

The tuition increase compensates for the cost of energy above inflation, additional money for financial aid, administrative computing costs and faculty salaries, according to a budget development and implementation memorandum.

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Financial Reality 101

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