University of Texas regents approve tuition increase

AUSTIN, Texas (AP) -- The University of Texas System Board of Regents has approved tuition increases for the system's academic and health institutions over the next two years.

The increase was approved yesterday. Increases for academic and health institutions range from 2 to 6 percent.

The system's Austin campus will see an increase of $152 in the fall, and an additional increase of $152 a year later, bringing tuition to a total of $5,207 per semester.

UT System Chancellor William H. McRaven told regents at a February meeting that the increases were necessary to keep the system's institutions competitive, and that they are facing a need for significant additional resources because of the increase in costs associated with operating a university campus.

Most UT System in-state undergraduate students have seen little to no tuition increases since 2012.