INDIANAPOLIS - The Indiana University Board of Trustees decided to raise tuition for all Indiana University campuses starting in the next academic year on Wednesday.
Both residents and non-residents at Indiana University, IUPUI and all of its regional campuses will see a bump of 1.75 percent in tuition over the next two academic years.
IU Treasurer Mary Frances McCourt said that adds up to about $5 per week.
Officials said the increase is the lowest increase at Indiana University in more than 30 years, but it is still an increase at a time when college costs and student debt are high.
McCourt said the increase is justified when you look at the quality of education and all that the university is doing to cut costs.
The tuition hike comes despite Purdue University announcing a tuition freeze earlier this year.
“Our net cost of education is lower; we’re the lowest in the Big Ten. So when you look at the market and see how we’re positioned, we’re actually doing a lot of work to keep that low,” McCourt said.
One group of students that will see a bigger tuition increase is non-residents at IU Bloomington. They will be see an average of a 2.75 percent tuition increase.