Now that Indiana lawmakers have approved a new state budget, public colleges and universities can start calculating their tuition rates for next year.
The Indiana Commission for Higher Education met today and recommended tuition increases of no more than 5 percent at Purdue University and Indiana University, no more than 4 percent at Ball State and Ivy Tech Community College, and 3.5 percent or less at Indiana State and Vincennes.
The recommendations are for each of the next two academic years. The recommendations are nonbinding, so the schools can go beyond them. But they might have to justify rates that are higher to the State Budget Committee.
IU hopes to announce proposed tuition rates for the next academic year by mid-July. The proposed tuition rates will be announced at least 10 days before the Board of Trustees votes on the proposal.
Lawmakers approved a budget Tuesday that essentially keeps higher education funding at current levels.
IU got about $600 million in state support during the last academic year, less than a quarter of the school’s $2.7 billion operating budget.