OAKLAND (AP) — The president of the University of California will not request a hike in tuition.
UC Regents had been expected to raise tuition next month, with The Los Angeles Times reporting regents for the 10-campus university system would meet in mid-July to raise tuition by 6 percent, or $732 more a year. That would raise the in-state undergraduate tuition to $12,924.
But UC president Mark Yudof announced Wednesday he will not ask regents for an immediate tuition hike as part of a state budget deal calling for $125 million in funding.
It relies on voter approval of Gov. Jerry Brown’s November ballot measure to raise some taxes.
If the measure is rejected, UC would lose the $125 million and see a further $250 million cut in revenues.
— Information from: Los Angeles Times, http://www.latimes.com