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New Mexico Tuition Increases will be Small

Students and parents in surrounding states could be facing in-state tuition increases as high as 40 percent.  The Denver Post reports that Colorado colleges and universities may see the greatest increase if a proposal from the Colorado State Legislature is approved.  A 40 percent increase would push annual resident undergraduate tuition from $2,908 to $4,071 at Colorado State University and from $3,192 to $4,469 at the University of Colorado.  Arizona and Texas universities are looking at a similar increase that can reach as high as 32 percent.

What about New Mexico schools?   In House Bill 2, the New Mexico Commission on Higher Education asks that tuition credit increase by a minimum of 4 percent for residents at the community colleges and for all students, residents and non-residents, at the state universities. All possible tuition increases will be requested and voted on in the very near future by the Regents of each school.  Tuition increase seem to be headed anywhere from 4 percent to 7 percent. 

Fortunately for our surrounding neighbors, New Mexico’s Post Secondary Schools offer several waivers for our out-of-state students.  Most of our colleges and universities offer out-of-state students 150% tuition cost if their bordering state is within 150 miles of the respective university.  Another possible tuition reduction is the Western Undergraduate Exchange program.  The Western Undergraduate Exchange (WUE) is a program through which students in fifteen participating states may enroll in a designated two-year and four-year institution, as well as programs in other participating states at a special, reduced tuition level applicable only to WUE students, namely the amount of in-state tuition plus fifty percent of that amount.  States participating in WUE are:  Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, and Wyoming. 

Tuition hikes and anticipated increases at universities in other states:

University of Arizona – 38.5 percent (2002-03)

University of California – 30 percent (2002-03)

University of Oklahoma – 28 percent (2002-03)

Texas A&M anticipates a 21 percent increase for fall 2004.

University of Texas anticipates a 13 percent increase in fall 2004.

 

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