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Posted: 5:23 PM May 7, 2009
UW-Madison Parents Will Need to Dig Deeper
MILWAUKEE (AP) -- A major tuition increase is one step closer to reality for University of Wisconsin-Madison students.
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A Board of Regents committee on Thursday approved Chancellor Biddy Martin's plan to increase tuition for in-state undergraduates by $250 per year for four years and $750 per year for students from other states.
The plan would eventually generate $40 million per year, which would be used to increase financial aid, improve student services and hire professors to teach high-demand courses.
Students from families with incomes of less than $80,000 would receive grants to cover the increases.
The full board could give final approval Friday after the 4-0-1 vote by the regents' business, finance and audit committee.
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