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The University of New Mexico’s Board of Regents voted Tuesday for a tuition increase, a three percent raise for faculty a one percent raise for staff, as well as a one-time, $1,000 supplement to UNM staff.
The increase, which is for the main campus only, will be 6.6 percent for students who are taking 15 or more credits. For those who are taking up to 15 credits, the tuition increase will be 13.2 percent.
What does this mean for the students on the Los Alamos campus?
According to UNM-LA Director, Dr. Cedric Page, while the 3 percent raise and the $1,000 supplement applies, the 6.6 percent tuition increase does not. Instead, at some point in the future, maybe as soon as the spring of 2014, the Los Alamos campus will adopt a 5.6 percent increase to accommodate the 3 percent raises and the $1,000 supplement.
For now, however, Page said the current tuition fees at the Los Alamos campus remain firm and will not be changed. “We’ve already published our tuition rates for the summer and the fall and that’s what students will be paying,” Page said.
The Tuesday vote ended a moratorium on raises that lasted for several years. Page said the raises and the supplements were to help counter that.
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