ASU revised its tuition surcharge proposal on Wednesday, requesting $300 per semester for all resident students and $400 per semester for all out-of-state students.
The new costs are down from the University’s original proposal of $600 per semester for all students.
“The reduction … is based on the projection that the total amount of stimulus funding available to ASU … will be almost $60 million more than was projected earlier,” ASU President Michael Crow said in a statement released Wednesday afternoon.
The University is still prepared to absorb a $45 million reduction in state funding this year, Crow said.
As with the original proposal, a percentage of the surcharge funds will go toward financial aid. The Arizona Board of Regents requires at least 17 percent of tuition revenue to go toward financial aid, but Crow said an additional amount will be set aside to ensure access to ASU is maintained.
Regents are expected to vote on each university’s tuition surcharge proposals at their meeting on Thursday at UA.
Reach the reporter at adam.sneed@asu.edu
