Regents to set tuition, fees at meeting this week

2013-05-22T16:00:00Z 2013-05-22T16:00:05Z Regents to set tuition, fees at meeting this weekThe Associated Press The Associated Press
May 22, 2013 4:00 pm  • 

BOZEMAN — The state Board of Regents is scheduled to set tuition and fees for state-funded schools for the next two years when it meets in Great Falls on Thursday and Friday.

The board also is scheduled to vote a "performance-based" funding system for campuses that bases a portion of their state funding on their graduation and student retention rates.

The $7.5 million in performance funding was part of the College Affordability Plan negotiated between Gov. Steve Bullock and key legislators. Under CAP, the university system received an additional $28 million in state funding to cover inflation and pay raises in exchange for a tuition freeze.

Regents gave initial approval to CAP last month.

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