Monday, February 11, 2013

N.H. universities say in-state tuition rates on hold pending state budget decisions - BEN LEUBSDORF, Concord Monitor

The University System of New Hampshire said yesterday it won’t set in-state tuition for the 2013-14 academic year until it knows if it will get back the roughly $48 million a year in funding that was cut in the last state budget. “Given that the budget process for the coming biennium is just beginning, the board felt strongly that making any adjustment to tuition rates for our in-state students would be premature,”said Richard Galway, chairman of the system’s board, in a statement. The two-year state budget passed in 2011 cut the system’s annual state support of $100 million by nearly half. State aid of $51 million in fiscal 2012 made up 5.6 percent of the system’s total revenue.