The University of Wisconsin Board of Regents approved a 3.75% tuition increase for resident undergraduate students Thursday, the second consecutive year of tuition increases after a ten-year freeze.
UW System President Jay Rothman first announced the increase proposal in a March 28 press release.
“Our universities are facing challenging economic realities, and students and parents should know that we plan to be good financial stewards,” Rothman said. “Maintaining our affordability advantage, especially compared to our peers, is a priority.”
At UW-Madison, in-state undergraduate tuition will rise from $11,216 to $11,604 for the 2024-25 academic year. Average segregated fees will increase by $74 per year.
The approval comes after the board greenlit a 4% resident undergraduate tuition increase in March 2023.
Rothman said the tuition increase is “similar” to recent inflation. In 2023, U.S. inflation increased by 3.4%, according to The White House.
Rothman also announced that he asked for an updated affordability review, which will be available to the public in fall of 2024. The 2022 affordability review found Wisconsin’s public universities were the most affordable in the Midwest.
