Regents pass 2010 University budget

Non-residents, graduate and professional students will see a significant tuitionn increase.

The University of Minnesota Board of Regents today passed President Bob BruininksâÄôs 2010 budget. The new budget includes $95 million in internal cuts, with the loss of over 1,200 University jobs. Using federal stimulus money, the tuition increase for in-state undergraduates will be reduced from the original 7.5 percent to 3.1 percent. Non-residents, graduate and professional students, who will not benefit from the federal dollars, will see at least a 7.5 percent increase. No changes were made to the budget as presented earlier this month, but Regent John Frobenius proposed an amendment to reduce the increase of graduate and professional student tuition by $4 million, or 2 percent. No one seconded the motion, however, so it did not carry. The Regents voted 11-1 in favor of the 2009-10 operating budget, with Frobenius as the dissenting vote.