Penn State approves 2% tuition increase for in-state University Park undergraduates

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Daily News | Penn State approves 2% tuition increase for in-state University Park undergraduates

Tuition would rise for students at University Park, but not for in-state students at Commonwealth campusesGeorgianna Sutherland / For Spotlight PAIn-state undergraduates at Pennsylvania State University’s main campus would face a 2% tuition increase for 2023-24, raising the annual tab for freshmen and sophomores to $19,672, under a plan approved Thursday.

Republican lawmakers have been pushing for more transparency from the state-related universities, which currently are not fully subject to Pennsylvania’s Right to Know law. Lawmakers also have called for the universities to freeze tuition. The plan also anticipates the same tuition increases and freezes for the 2024-25 year. The second year assumes flat funding from the state. It’s the first time that Penn State is acting on tuition rates for two years, Thorndike said.

The university last year raised tuition 5% for in-state undergraduates at the University Park campus and 2% for students at the Commonwealth campuses. But the school also announced it had budgeted $14 million in financial aid to offset the increase for students coming from households with incomes of $75,000 or less.

 

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