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.
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