ALBUQUERQUE, N.M. (KRQE) – University of New Mexico students will be paying more tuition next year. Monday morning UNM Board of Regents passed a proposal boosting base tuition by 2.6% and student fees by 5.45%.
The hike comes as the university expects a decline in enrollment. Some students told the Regents an increase would be tough to handle. “A heavy financial burden on them. Many of us are full time students that work multiple jobs to take care of the tuition we already pay through UNM,” said Stephany Sterahle.
The tuition coincides with a pay increase for faculty and staff, but university officials say the two are not related. The increases won’t be finalized until the Regents sign off on the final budget.
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