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UConn Board Set to Vote on $1.2 Billon Budget

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(Jenneen Lee/WTIC Phone)

(Jenneen Lee/WTIC Phone)

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STORRS, Conn. (AP) _ The University of Connecticut’s Board of Trustees is set to approve an almost $1.2 billion budget for the school.

The board plans to vote Wednesday morning on the 2015 budget, which includes a previously approved tuition hike of 6.5 percent.

The budget would allow for the hiring of 61 new faculty members, part of a plan approved in 2011 to add almost 300 positions by 2016. The school says the hiring will make classes more available so more students can graduate in four years.

The cost of attending UConn will go from $23,496 for an in-state student to $24,518. Out of state costs will rise from $42,444 to $44,698.

The school says the plan also includes almost $92 million in university-funded financial aid, much of it targeting low-income students.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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