NU Budget Includes Budget Shortfall, Small Tuition Increase
June 15, 2023 1:32PM CDT
Front gate to the University of Nebraska-Lincoln City Campus. (Jeff Motz/KFOR News)
LINCOLN–(KFOR June 15)–The University of Nebraska will need to address a $58-million budget shortfall by the end of the 2024-25 school year, while advancing its highest priorities of affordability, academic competitiveness and operational efficiency, under a recommended 2023-24 budget released Thursday by President Ted Carter.
A minimal tuition increase will keep Nebraska as one of the more affordable institutions. The increase would amount to less than $300 more over the school year for most undergraduates who pay full price. It’s the first tuition increase since the 2020-21 school year.
The University of Nebraska Board of Regents plan to consider the upcoming budget at their meeting next Thursday.
