DENVER (KDVR) — The University of Colorado Board of Regents approved a $6.28 billion budget for the 2024-25 school year.
The 3.5% budget increase comes with a 3% tuition increase for many students in the system’s schools.
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Specifically, tuition for all undergraduate students at the University of Colorado Colorado Springs and the University of Colorado Denver will increase by 3%.
Incoming University of Colorado Boulder students will also see a 3% increase. However, current CU Boulder students will not. These tuition increases were originally approved in April.
According to the university system, the $6.28 billion budget includes $2.2 billion tied directly to educating students, $1.5 billion for clinical health care and more than $1.1 billion for research.
Salary and benefit increases for faculty and staff are also included in the budget.
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