CHARLOTTESVILLE, Va. (AP) - The University of Virginia is reversing course on a planned increase in in-state tuition for undergraduates.
The University's Board of Visitors said Friday that it would roll back the previously approved 2.9% increase for 2019-20 and hold base tuition for all in-state undergraduate students at the 2018-19 level for another year.
Officials say the decision was made possible by the General Assembly's allocation of additional funds to support higher education in 2019-20.
Lawmakers approved a budget item for next year to provide additional funding for public higher education institutions that maintain 2018-19 levels for undergraduate tuition and mandatory education and general fees.
By agreeing to hold in-state undergraduate tuition at the 2018-19 level for another year, UVA will receive an additional $5.52 million from the state.