Saginaw Valley raises tuition 6.9 pct. for 2012-13 - WNEM TV 5

Saginaw Valley raises tuition 6.9 pct. for 2012-13

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UNIVERSITY CENTER, Mich. (AP) - Saginaw Valley State University's board has approved a 6.9% tuition increase for in-state undergraduates as part of the school's budget for next fiscal year.

Michigan Gov. Rick Snyder's budget has financial incentives for universities that cap tuition increases at 7.1%.

Saginaw Valley's board passed the budget Monday. The school says its state appropriation will drop 15% for the upcoming fiscal year, a $4.1 million loss.

Next school year, a fulltime in-state undergraduate at Saginaw Valley will pay $7,815 in tuition and mandatory fees. That's up from $7,308 in 2010-11.

Last week, Western Michigan University approved a 6.6% tuition increase, and Oakland University raised its tuition 7%. The University of Michigan and Michigan State University are expected to act this week.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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